On a related subject some may find this interesting. The blunt and somewhat rude announcement earlier this month of the sudden departure of PN with no thanks or acknowledgements left me wondering about what is really going on inside BIT. A quick review shows an interesting story. I've included a snippet from last year's annual report to set the scene.
Annual Report 2024
"During the year ended 30 June 2024, Peter J. Nightingale had a controlling interest in an entity, MIS CorporatePty Limited, which provided full administrative services, including rental accommodation, administrative staff,services and supplies, to the Company. Fees paid to MIS Corporate Pty Limited during the year amounted to$144,000 (2023 - $144,000). There was $13,200 inclusive of GST outstanding on 30 June 2024 (2023 - $nil)"
Feb 28, 2025
"In accordance with ASX Listing Rule 3.14, Biotron Limited (‘Biotron’ or ‘the Company’) advises that as of 28February 2025 the Company’s principal administrative office is relocated to Level 2, 66 Hunter Street, Sydney"
April 10, 2025
"In accordance with Listing Rule 3.19A, I attach an Appendix 3Y, Change of Director's Interest Notice,for Michael J. Hoy, Michelle Miller and Robert Thomas." ....... No participation from PN !
May 2, 2025
"In accordance with Listing Rule 3.16.1, I advise that Peter J. Nightingale has resigned as Company Secretaryand Marcelo Mora has been appointed as Company Secretary" ...... No thanks, no nuthin !
BIT Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
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