BIT 10.3% 6.1¢ biotron limited

I am not sure that the COVID-19 track will bring anything...

  1. 13,339 Posts.
    lightbulb Created with Sketch. 2162
    I am not sure that the COVID-19 track will bring anything meaningful - I could well be wrong but there seems to be no pointers to success in this area.

    Nothing will replace a vaccine - and BIT is not chasing that - more of something to alleviate symptoms. MERCK is basically developing a cold and flu medication - with the benefits of clearing air ways and an inflammatory plus a pain suppressor.

    Given that simple solution then we have to ask what BIT is doing in the field.

    I still say that HIV/HepC is BITs forte and they should concentrate their efforts in that area. Having unrealistic expectations that BIT will have a huge breakthrough with OID-19 may just bring about disappointment.

    Know I am not being very optimistic with COV-19 and will upset some here - sorry about that.
 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
(20min delay)
Last
6.1¢
Change
-0.007(10.3%)
Mkt cap ! $55.03M
Open High Low Value Volume
7.0¢ 7.2¢ 5.5¢ $418.3K 6.837M

Buyers (Bids)

No. Vol. Price($)
1 85063 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 14900 2
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
6.1¢
  Change
-0.007 ( 10.3 %)
Open High Low Volume
7.0¢ 7.0¢ 5.6¢ 1208244
Last updated 15.44pm 26/04/2024 ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.