BIT 5.41% 3.9¢ biotron limited

Ann: Trading Halt, page-8

  1. 2,414 Posts.
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    Ok, worst case is that we've been lied to in the past and the 100% cure rate isn't true and we lose probably 90% of our capital (this is tongue in cheek).

    Bad case is there have been negative side effects, we lose 40% of our capital.

    Average news is a capital raising and we lose 20% of our capital.

    Good news is 100% cure rate, no negative side effects and we get a 150% spike to settle at 20c and increase gradually over time.

    Excellent news is we have an offer of some sort and who knows where that will take us.

    Looking at the announcement history for the last 2 years though, the only other trading halt was for a rights issue, and that was only 8 months ago, so I don't think it would be that.
 
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