BIT 0.00% 2.7¢ biotron limited

Seller's will be sorry, page-15

  1. 5,357 Posts.
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    It’s about timing and risk reward here Dom.

    BIT is a $60M mc and is about to enter a phase 2 study in an accelerated program (CTAP )for Covid 19 in what looks to be the next major lockdown period for the world.

    Share price will be minimum double (IMO) on CTAP announcement and this will just be the start. If first smaller trial is successful then will be my time to throw the sink at this.

    Market cap wise can’t see this drop bellow last years long term average of around $35m-$50m if they are successful could be a hundred bagger.. it’s 15 bags to MSB and 10 to RAC if you wanted to compare apples with oranges but they are completely different drug/medical platforms .
 
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