BOT about to burst, page-9

hopium comment is so true....

I have few biotechs in my portfolio on various exchanges and I been hoping them to burst for few months and in some cases over a year now but I got few reality checks....

IMHO.... there are no triggers for burst to happen....company will need to raise more money .... it will result in dilution......than wait for the results....it's a Long and painful process.....

and chances of a big Pharma funding the trial or taking over are Low.....very Low....until u have a breakthrough technology and innovation....

there are so many biotechs on ASX and every shareholder of those companies think they are perfect target for takeover ..... all they are left with disappointment...

my take is they need to finish the phase 3 trials and assuming results are good.... this will increase in value.... till than... money is stuck....