Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

A reminder to all members that you agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


13 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

BIT, BIOTRON LIMITED
wagalucci
post Posted: Sep 8 2020, 12:20 AM
  Quote Post


Posts: 411
Thanks: 73


In Reply To: plastic's post @ Sep 5 2020, 07:21 PM

Totally agree, they can post whatever they want on ASX.
Publish these findings on a peer reviewed journal and we will see.

I am still not convinced that the results they have just announced will be a deal breaker. They lowered their cutoff to 30% which resulted in an increase of products. How many were at the other end of the scale. I suspect that it would be none. Or the concentrations they used were unrealistically high. Only time will tell.



 
plastic
post Posted: Sep 6 2020, 07:20 PM
  Quote Post


Posts: 10,256
Thanks: 302


Prediction for tomorrow: Some good sounding announcement, huge volumes with big price spike. Followed by a pull back in the near future of nearly all of the spike.

It is a transfer of control. That's all.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Sep 6 2020, 09:05 AM
  Quote Post


Posts: 10,256
Thanks: 302


Biotech is a binary business. Get it right, win big. Wrong, lose the lot. Seen it time and time again. In the middle is the sizzle. That is where the money is made when the insiders know they don't actually have much which can stand up to scientific peer review.

BIT is no different from anyone else in this regard.

Do not be surprised if the company is a bust tomorrow. Then it becomes a shell. Fortunately the directors will have dibs on another business to back in to the shell. Then the cycle starts all over again.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Sep 5 2020, 07:21 PM
  Quote Post


Posts: 10,256
Thanks: 302


The main asset of this company is price elasticity. They once claimed, very clearly and unambiguously, they have a cure for HIV. These claims might pass muster for the ASX news release department but never will it be scientifically endorsed.

They are con artists.

However, the price might do well next week.




--------------------
What did Uncle Mel do to us?
 
wagalucci
post Posted: Sep 5 2020, 06:08 PM
  Quote Post


Posts: 411
Thanks: 73


In Reply To: plastic's post @ Sep 5 2020, 01:51 PM

you think the announcement will be a bad one ?

Many other holders on other sites are saying the opposite.

I'm on the fence at the moment, their BIT225 is not ground breaking in my opinion as if it was they would have pushed harder.
The COVID one, well like MM said back in about Feb their products are only effective on some of this species and mainly the mild cases and not the hard core ones. If this too was a good compound they would have increased production or work back when SARS etc was big and they didn't. No, I am not a down ramper nor am I an up-ramper.

 
plastic
post Posted: Sep 5 2020, 01:51 PM
  Quote Post


Posts: 10,256
Thanks: 302


Here comes the pump and dump. Insiders getting out while they can under a covid excuse.
The parasites have lost.




--------------------
What did Uncle Mel do to us?
 

Featured Stock Stories





plastic
post Posted: Feb 11 2020, 07:39 PM
  Quote Post


Posts: 10,256
Thanks: 302


SSH notices are supposed to be filed within two days of a notifiable change being made.

Perhaps we will see what is happening with the registry tomorrow.



--------------------
What did Uncle Mel do to us?
 
plastic
post Posted: Feb 11 2020, 02:27 PM
  Quote Post


Posts: 10,256
Thanks: 302


If the volume in trading is coming from Citigroup...watch out below!

The balance of power on Wall Street has shifted to JP Morgan.

I don't think JPM held any BIT.



--------------------
What did Uncle Mel do to us?
 
nipper
post Posted: Feb 11 2020, 09:24 AM
  Quote Post


Posts: 7,505
Thanks: 2548


QUOTE
Biotron (BIT) 9c

Shares in the antiviral play Biotron, which rose tenfold in value in 2018 after unexpectedly efficacious HIV trial results with its drug candidate BIT 225.

The share rally subsequently fizzled, but on January 22 the stock spiked from 6c to 8.4c as the coronavirus outbreak intensified. It’s been trending up ever since.

Queried by the ASX, the company merely noted that two directors had been recent keen buyers and referenced patent applications and upcoming medical conferences.

While there was no specific mention of the ‘c’ word, punters have latched on to Biotron’s clinical program for ‘pan respiratory’ viruses including coronaviruses.

In June 2019 a Biotron prezzo mentioned “corona” as part of an early-stage screening program – and it wasn’t referring to a 1970s Toyota.

Named after its crown-like shape, the common coronavirus is responsible for past pestilences including Severe Acute Respiratory Syndrome (SARS) and Middle Eastern Respiratory Syndrome (MERS).

Biotron CEO Michelle Miller says while the company’s work on pan respiratory viruses continues, there’s not much to add at this stage.

“We have some good advanced compounds we can progress towards a treatment,” she says. “They might not work on this current virus but if it hangs around … we would like to be in a position to have something ready to go.”

She says while a vaccine can be developed reasonably quickly, a drug cannot: “even if we have a compound which is absolutely fabulous we would have years of lead time before anything gets to market.”

By that time, the virus will have taken on another malevolent form.

https://www.sharecafe.com.au/2020/02/05/sto...ster-zeitgeist/



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
plastic
post Posted: Feb 10 2020, 02:30 PM
  Quote Post


Posts: 10,256
Thanks: 302


In Reply To: plastic's post @ Dec 3 2019, 07:31 PM

BIT's turn to take a run. So soon too after the ARWR data. Something bigger coming is my guess.



--------------------
What did Uncle Mel do to us?
 
 


13 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING