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3.1¢ biotron limited

Don't forget to vote , Must Be In By 18th November, page-34

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Selvan

505 Posts.

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17/11/18

17:22

Post #: 36544106
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Originally posted by Fingers xed: ↑

"However, would you not think that any such deal will be based on (I.e. a multiplier of ) the MC of Biotron at the time of the deal?" bloody hell MSN , this has absolutely nothing to do with it , Gilead paid 11.4 Billion for a company with similar market cap to ours , has nothing to do with multiplier , all to do with what any Pharma thinks it is worth to them and how much money they can make and keep others out of the market at same time . Whilst some are saying 20 billion market it is actually some where near 45 Billion market for HIV . He who takes on our drug will knock ouy 11 others in that 45 bil market place . do the sums , Gilead by the way sold 13 billion of their drug in first year and paid for their investment of 11.4 billion in 9 months . Wouldn't you want to pay of your investment of your house in nine months .

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The company will need shareholder approval to issue more than 15% of shares.

So this is the maximum 'dilution' that will occur.

These shares will not be given away, they will be issued at a price or be part of a deal that is beneficial to the company and shareholders.

BIT may need this flexability for future negotiations.

.

BIT Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.1¢		Change 0.000(0.00%)		Mkt cap ! $27.97M

Open	High	Low	Value	Volume
3.1¢	3.2¢	3.1¢	$8.03K	256.0K

Buyers (Bids)

No.	Vol.	Price($)
6	616576	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	36250	2

View Market Depth

No.	Vol.	Price($)
6	616576	0.030
3	992888	0.029
2	118000	0.028
3	157000	0.027
4	3254559	0.026

Price($)	Vol.	No.
0.031	36250	2
0.032	78492	2
0.033	150000	2
0.034	100000	1
0.035	271751	3

Last trade - 10.16am 05/08/2024 (20 minute delay)

BIT (ASX) Chart