BNO 5.26% 20.0¢ bionomics limited

Capitulation time for Bionomics?, page-17

  1. 593 Posts.
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    It has been a pretty tough ride for SHs in BNO over the past 6 months or so. We end the year on about $60m market cap and there is plenty for the current management to do in an attempt to re-build value. Is there any possibility of a corporate transaction in the near future? I guess we'd like to hear a progress report from management in the new year. We should get a feel for the reduction in cash burn in the not too distant future. Bit, rather than speculate on what might occur in the near future I think I will just look forward to some positive news in 2019 and hope, like most of us, that we see a considerable lift in value next year. So, on that note, best wishes to all in 2019 and I hope it is a better ride from here on. GLTA 
 
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