TSXV:BTI.H - Post by User
Comment by
prophetoffactzon Feb 24, 2023 10:53am
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Post# 35303333
RE:RE:Tough time in the market now...
RE:RE:Tough time in the market now...When 25% of biotech in general and even moreso preclinical biotech was driven below the value of cash on the balance sheet in the worst bear market in history it wasn't caused by Rathjen. Your happy talk about a preclinical biotech taking on debt before the worst biotech bear market in history was not helpful; especially given BTI was still transitioning to find a new horse after all of your happy talk about Herceptin. You talked about Herceptin. You talked up debt. Total folly.
Boomskid wrote: Lol, poof, when you're pushed back onto your hind feet, you want to talk about how "The S&P Biotech ETF had a strong move into the new year but has collapsed back to where it was when BTI was closing the Biodexa deal."
So, Bioasis is at 1.5¢ today because of inflation and because of the market that has pushed the S&P Biotech ETF down? Is that it?
You don't think, poof, that maybe the actions of the Bioasis CEO, Dr. Deborah Rathjen, and the BoD have resulted in the current share price?
Do you really expect anybody to buy that market/ETF load?
jd