it seems you are another one of my fanboys. Are you still holding shares - sell them to me mate if you really believe what you write.
How do you know what they have been working on or what they are about to announce? The company has been trading at lows 10 - 12 cents for a year. A few traders on margin sold their small holdings on the day of the OPMD announce the at we are now at 6 cents.
Ther are are hundreds of companies on the ASX trading under 6 cents. Are they all sunk? Hardly. Some will double, triple and quadruple in price over coming weeks and months. Benitec is blue sky from here. Fully funded and debt free with a mystery pipeline and partnerships to announce “in the coming months” - which means any day, many days.
but not too fast I hope. There’s tax selling first and lots of reloading.
BLT Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
