BIT 7.50% 3.7¢ biotron limited

Yes, they may have enough data as you say and if they release...

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    Yes, they may have enough data as you say and if they release this it may well get the SP back above 6c. None of us can be sure that isn't the case.

    However even if they do manage to get the SP up above 6c the options won't start to get exercised until Oct at the earliest. Even if the SP goes back to 12c this doesn't make options holders forget the risk of exercising early. Why would they?

    The Cash will run out long before any options money comes into play.

    PS. I would love to be proved wrong about this. My CGT point in late Aug so if they can stretch out cash that long them pull off a magic trick with the options then I'm doubly happy. The numbers form the last quarterly alone with the historic minimum spent suggest its too much to expect.
 
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