BGT 4.55% 4.2¢ bio-gene technology ltd

Ann: Positive Efficacy Test Against Another Major Crop Pest, page-18

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  1. 14,796 Posts.
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    yes, if the market woke up to this, and we snap out of the general downturn in specs, often into MAY-June, although its been tough since Feb, probably based on US DJ being volatile.

    The July-DEC period typically stronger for specs, imo.

    This was IPO 20c, so if in a return there, awareness or sentiment and could easily pop to 30c imo as the real potential is intangible.

    Many tech stocks ran to 100m mc, on concept.

    Did the IPO price this at 20c to rise? or to fall? So who has sold? the seed capital or the IPO pundits ?

    So with a roll of the dice, but the math is decent risked to reward.
    2x the sp of 14.5c = 29c
    options intrinsic value = 9c plus time leverage, would guess another 3c
    or maybe 12c for the options depending on momentum imo. = 9 x  0.13

    its all gambling, but for mine, a mixture of heads and ops plays well.

    Its all a question of when. ANd that is the roll of the dice for options.
 
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