BIT 5.00% 1.9¢ biotron limited

No it says we are cashed up and can do it on our own if there...

  1. 302 Posts.
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    No it says we are cashed up and can do it on our own if there isn't a good deal on the table. It gives us a strong hand in negotiations. 


    Imagine turning up at big pharma with $50,000 in the account and a market cap of $7 million. They'd know we'd have to accept any deal they offer because it would fall over without them.


    Now we can walk away if the deal is no good. 

 
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