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6.0¢ biotron limited

The likelihood of each option is nowhere near even though. What...

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Ravin'

1,300 Posts.

43

05/10/18

15:48

Post #: 36015051
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Originally posted by stormer ↑

''I see BIT playing out in one of 3 ways:

1. Phase 3 is successful and BIT 225 does in fact perform consistently as per original tests, BIT commercialises their product, and becomes a multi billion dollar company in their own right, and or gets bought out.

2. BIT presents findings to potential partnership companies as per last ANN, BIT merges or is bought out. At worst BIT 225 is used with existing drugs to "control" HIV, whilst more conclusive testIng Is done, if successful commercialistion is achieved further down the track.

3. BIT finds no partnership companies and is effectively back to a "research" company SP back to 2c
''

LOL..considering there are only 3 ways it can play out, that's not exactly sticking your neck out is it?

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The likelihood of each option is nowhere near even though.
What percentage of biotechs reach option 1. or 2. ?

BIT Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
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Last 6.0¢		Change 0.004(7.14%)		Mkt cap ! $54.13M

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