Well the SP has weakened to be honest. We were peaking in the twelves for a while but overall yes its holding up substantially above the bottom for one reason. That reason is the continued belief that results could pop out of this sausage machine any time now. By maintaining that belief with their comments like "coming weeks" the company has artificially held the price higher than it otherwise likely would have been for 4 or so months. Not saying that was their intent but that is the cause and effect.
Results will come one day and the price will either go up big time or in a different direction. If good we will then be discussing speculation about a deal.
Lets face it Biotron management are known to be crap with regards to timelines, general clarity in communications and managing cash. Some people prefer to defend these weaknesses but the evidence of this is there for all to see. Nothing wrong with commenting on their poor performances. Won't prevent a good outcome if that can do just one thing well .... science. After 20 or so years maybe MM will get the chance to sell something if they can deliver the essential proof.
Hopefully the usual subject can soon get back to making "toot toot" sounds and posting pictures of rocket ships. Thats always fun.
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