I am also looking on the positive result side, in that no news may be leaning toward good news. IMO, be it right or wrong, is it possible that there will be no announcement until there is definitive result, especially with BIT225. (I have read where other pharma companies have been juicing up announcements in order to jack up their SP, and will face enquiries.)
IF BIT225 is successful against Covid-19, and has already been through Stage II trials, i imagine there would be the possibility of BIT leapfrogging the pack straight to Stage III Trials (especially with the US FDA desperate for a cure) however, to do this, I would imagine that BIT must be almost certain of a positive result before an announcement?
BIT Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
