BIT 4.35% 2.2¢ biotron limited

...and they don't need to raise capital for a while. They have 5...

  1. 95 Posts.
    lightbulb Created with Sketch. 36
    ...and they don't need to raise capital for a while. They have 5 million in the bank thanks to the last good news that arrived, (that netted the cap raise underwriters a tidy profit in 8 weeks). MM only need her wages and expenses of around $500,000 a year to support her lifestyle, (probably less, now that Covid has shut down international tourism). They have no ongoing expenses, like a lab, or staff. Throw in another couple of hundred thou for Nightingale and they look financially comfortable for quite a while.

    My tip is that CV news will arrive when shareholders start thinking about tossing MM out of her job.
 
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