BIT 2.70% 3.8¢ biotron limited

HIV drug commercialisation imminent but just 85Mill MC?

  1. 3,206 Posts.
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    Yet another thread. Apologies!

    But really people - take a step back and have a think. We are so close to getting serious partners on board and back to sub 100Mill MC? What more does the company need to do before we establish a reasonable base and price in the upside? 


    MD just exercised options at 18c and the SP is now at a 11% discount? if she thought this latest news was a P&D to do a CR, then surely exercising options would be the opposite of what one expects. She has confidence based on what the recent results showed us. This is when you get onboard... and her exercise of options gives me confidence we are at a good price point for an entry.


    All the funds that flowed out to the other hyped up bio-stocks would have experienced recent pullback... time to return to BIT that started it all and is the only genuine story at the moment.


    It has actual results and the only way forward is commercialisation. Will not go it alone as it probably cannot.. but this is what small biotechs are expected to do. Prove your story and then sell it or partner up... and this is where BIT is now. The hard yards are done... now the sell begins (the company not the SP!!!)


 
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