BIT 0.00% 3.3¢ biotron limited

Biotron's Phenomenal Success ..., page-7

  1. 1,947 Posts.
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    “Phenomenal success” is a fairly subjective phrase.

    This company listed on the asx in January 2001. In the 20 years of being a listed company, it has produced no revenues, no commercialisation of its “promising” compounds. It’s just gobbled up free money from the taxpayer and from the pockets of shareholders .

    If you invested when it listed, you are down about 85% on your capital and that doesn’t factor in lost opportunity of investing in a real company, not a story stock. The stock is down some 34% this month already.

    t’s not a success.

 
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