BIT 3.33% 3.1¢ biotron limited

Ok so joining a bunch of threads/thoughts/facts from the last...

  1. 302 Posts.
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    Ok so joining a bunch of threads/thoughts/facts from the last six months.....
    - The CSIRO are undertaking a covid screening program for anti virals. Stage 1 assessments are still open according to this https://www.csiro.au/en/Research/Health/Infectious-diseases-coronavirus/Fighting-the-virus/Antivirals
    - Doherty are part of the screening.
    - it is reasonable to assume that Biotron has compounds that are being screened in this program as stated in their ANN in Feb.
    - if they pass stage 1 they go to stage 2.
    - I think only two companies have gone to stage 2 so far.
    - Recce was one of them and their share price doubled, 70c to $1.50+

    IMO, we will get a covid ANN on Monday. If it is positive (passing to stage 2) we will see the price rocket and settle back down in the 20c-30c range until more positive Covid or HIV news. None of us know when that news will be.

    if it is negative it will retrace until HIV news so everyone will just have to patient.
 
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