Hey Lifeistoshort , I was advised by Michelle Miller herself , Benitec would struggle with their drug , and hence was no surprise to me that Benitec withdrew . Had nothing to do with the supposed crowded space that rgc speaks of . I spoke with my chemist the other day , who is a holder of BIT after my recommendation . He is on BIT because it will be a winner . Why would a chemist buy into BIT , surely he knows the drug market . Anyway Gileads drug is on sale in Australia of $64,000 per course . The distributors are asking for cash up front , no 30 day credit . He suggested he would hesitate ordering in as if he had 5, 6 or more patients roll up at once he would need to fund the $400,000 sale with no margin . With no guarantee to be paid by pbs . Great politics yeh .
There is still plenty of money to be made in the Hep C market . Our stock market has got it wrong for now . Just take a look at some of our other biotechs .
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Last
3.0¢ |
Change
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Mkt cap ! $27.06M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $4.624K | 149.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 919909 | 3.0¢ |
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Price($) | Vol. | No. |
---|---|---|
3.1¢ | 12195 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 919909 | 0.030 |
4 | 1012888 | 0.029 |
3 | 218000 | 0.028 |
2 | 137000 | 0.027 |
3 | 3104559 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 12195 | 1 |
0.033 | 100000 | 1 |
0.034 | 100000 | 1 |
0.035 | 299251 | 4 |
0.037 | 537816 | 2 |
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