BIT 15.4% 3.3¢ biotron limited

Money down the drain. 18 years and still zilch. Better odds at...

  1. 25 Posts.
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    Money down the drain. 18 years and still zilch.

    Better odds at the bookies. Else looking at other healthcare sectors, there many,many where one doesn't have to wait 18 years and still nothing. For this to pay off -using inflation over 18 years and a discount rate on ten year Govt bonds- you need in the vicinity of a 50+ BAGGER to warrant holding it to the current date. That's not counting future uncertainty. So to warrant holding for future returns that BAG is going to have a size quite a huge.

    I've been examine the healthcare sector to make an investment and had looked at this stock amongst others but the info showed to take care. Therefore, putting more into this company from my point of view doesn't add up its throwing good money into a bad.

    This is my point of view and not intended as investment advice. DYOR
 
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