BGT 4.55% 4.2¢ bio-gene technology ltd

Ann: Appendix 3B - Release of Shares from Escrow, page-10

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  1. 8,232 Posts.
    lightbulb Created with Sketch. 348
    Absolutely spot on Masters

    Absolute drivel on this thread

    Truth is they are nowhere close to a commercial deal because they have produced nothing that would entice anyone to do a deal with them IMO..the only actual testing of their product was by Virbac who told them to shove it

    what we have is, in my view, is:

    A lightweight Board and mediocre management
    Millions of pre-IPO shares handed out at dirt cheap prices which are simply being cashed in as soon as they come out of escrow
    A broker who has never supported the stock
    Announcements apparently written by Larry, Curly and Mo
    An IPO which was hopelessly mispriced

    Then there was the farce about those '' Loyalty Options'' where it turns out you never actually had to be loyal at all

    All in all, just your typical ASX pipedream
 
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