BGT 2.33% 4.4¢ bio-gene technology ltd

I've been a recent buyer down here. Having had plenty of...

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  1. 723 Posts.
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    I've been a recent buyer down here.

    Having had plenty of practical experience with Virbac animal health products ( vaccines/fly lice and internal parasites) I'd be surprised that any compound would work well as a broad acre pesticide and in an animal health applications for fly/lice/ticks. You need something pretty potent ( nasty) to control ticks/lice/flys. I'm no chemist but I think the chemistry of the active molecule has to survive in a solvent for application. Usually a hydrocarbon.

    Major food crop pest control is where the money is plus mosquito control.

    BGT has cash and well connected management that understand the future of BGT involves large companies.

    I don't think it too far reached for an MOU with a major to push the price up to around 40 cents. The most money I've made investing is in newly listed stocks that have great potential but for whatever reason get sold down despite the potential still being intact.

    A large player BASF has a recently developed pesticide called Inscallis. I'm not sure if its a new chemical class only or a new mode of action also?  Anyway very valuable with sales predictions of >100 mil euros.

    https://report.basf.com/2016/en/man...s/agricultural-solutions/segment-profile.html
 
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Last
4.4¢
Change
0.001(2.33%)
Mkt cap ! $8.859M
Open High Low Value Volume
4.4¢ 4.4¢ 4.4¢ $5 112

Buyers (Bids)

No. Vol. Price($)
1 20000 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 12375 1
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Last trade - 10.00am 29/11/2024 (20 minute delay) ?
BGT (ASX) Chart
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