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Nothing is 100% but they have been declared as the company with the best chance of curing HIV. Very good chance it will work.
If they do "cure" HIV it will be a literal feeding frenzy for Benitec shares. Wouldn't be surprised to see a 150%-200% increase that initial day. Good thing is if Calimmune fails I don't see a major insane sell off.
I agree with Panno that our lung cancer program is what will bring us our billion+ dollar valuations. That has the potential to be something special.
I agree with the currency tank, however BLT never equaled BNIKF. A year ago the currency was about 1.00 AUD to .93-.94 cents USD. I remember because I traded it quite often. Now its 1.00 to .83 cents which is still a huge difference.
Very interesting that calimmune is number one. This bodes extremely well for Benitec since investors have to pile into them since they are private.
George stop pumping. This isn't yahoo message boards. No one is going to be swayed to buy Benitec because of your speculative posts. Substantiated posts only please. Thanks.
Anyone see this article about Benitec and Dr. KSS? From hotcopper. Good read haha.
http://www.talkmarkets.com/content/news/special-report-benitec-biopharma-ltd?post=53286
Well you literally can't day trade it. Price is already decided once we wake up lol unless you can somehow trade BLT.
haha. What is up with this stock?? Traders wet dream. I would rather a nice 2-3% move 3-4 days of week and a 1% decline 1-2 days out of the week. This pump and dump is getting old.
Yup. I held RXII through the NASDAQ uplist and they went above 4$ on January 9th and uplisted on February 11th of this year. You need to put in an application though.
I could see something like them removing the Y and just uplisting as BTEB or something similar. I always thought the reason they did a 5-1 conversion from BLT is so they can have over 4$ PPS so when they wanted to uplist it would be easier and kind of a sneak attack reverse split.
Also I am assuming once they do uplist to the NASDAQ our BTEBY shares will automatically convert because its a sponsored ADR?
I just added today at 2.75. Got one more buy saved for if it hits 2.50 again. Then i'll just put it aside until next year. Contemplating not even watching the daily price movements since I won't be buying anymore. It is really hard though not to.
well spoke too soon. Pumped and dumped again. Down 7%. Why am I not surprised.
Wow. Glad I trusted my instincts and didn't sell. Doing well in Aussie Land.
Nice. Hopefully won't take months for third patient.
Wow was a nice pump and dump over in aussie land tonight. Was up 45% ended up 17%. Wish I could have sold lol! Would have no doubt above 1$.
technically it should be 3.10 but our prices always lag behind for some reason.
Yup I knew that for awhile. I just google AUD to USD and put in BLT's price and then multiple it by 5 for the morning price :)
Thanks for everything Blane. Looks like the tides are turning and we should be on our way back to the 4-5's soon. Up 10% in aussie land. Bought back in with an average around 3$ during the last two weeks. Good luck everyone.
He said finishing his nursing degree.....
Great news everyone. Still haven't dosed second patient.
And this is what happens when you have inept management. A good company gets destroyed slowly. Anyway I bought some at 2.50 today. Why not?
Wow I sold today at 2.90 and almost made back all the money I lost in this one Ebola stock in one day haha!
This Ebola craze is nuts.
Wow. What a piece of crap. Feels like its going to the .40-.50 range.
Ok just bought some more at 3.76. That's it for me. 3000 shares total of BTEBY at an average of 4.85. Will just let it ride for better or for worse.
To be honest I think the tt-034 trial is going to work but eventually be a dead end in regards to commercialization. I think lung cancer is going to be enormous. Stellar pre-clinical research.
Tanking over in aussie land again. I think I am going to add 500 shares around 3.50 tomorrow if we see that price. Will lower my PPS to 4.80.
Seems we will be stuck in the .90 to 1.30 range until substantial news comes out.
The only thing that is worrisome is how long this is all taking. Day by day we are losing market share.
Moving Tribetarna to clinic will be big for this company in my opinion. Hep C is a crowded space.
This is getting a bit ridiculous. I could be using this money for other investments, swings, trades right now. Should have known it would take forever.
Just hope that PR isn't a secondary like last time. Would destroy this rally.
Guess no one has an answer to my question. I have asked it many times but no one seems to know.
Why doesn't the market makers match up the bid/ask of BTEBY at the right conversion price? Close of 1.035 AUD converts into .91 cents USD which multiply that by 5 and the bid/ask should be in the 4.50 to 4.55 range.
I mean whats the point of being a sponsored ADR but your stock doesn't even match up correctly to where it should be trading in Aussie land.
Because we have one drug that just entered in phase 1 one treatment and just diluted the company by over 30%?
These delays are killing the PPS. I guess its going to take the full 28 days to get the 2nd patient dosed. Hopefully with the new site opening these delays will be a thing of the past. Will load up some more if we hit 3.75 or so. My PPS is 5.10 and it would bring it down a bit.
Ouch you getting hammered. I might take a nipple in the low .80's
Only difference is BNIKF is not sponsored and will most likely end in a few years. Which means holders will be moving to BTEBY which should see a steady rise in liquidity.
Yes just adjusting for price. Anyway the volume has been really low over on the ASX as well. Hope it picks up soon.
Multiply that by 5 and we are about even. Will soon surpass BNIKF easy.
BTEBY now getting more daily volume than BNIKF. Most people have most likely switched over by now.
and back down we go in aussie land
man this stock is a roller coaster haha
Hahaha. He hasn't posted in a few days. I really hope it doesn't hit .90 again so hopefully he never comes back.
Yes I am in BTEBY with 2500 shares. Only way I am buying more is if we see 3.50-3.75. If not I will hold these for a long time. Not buying on the way up again like I did last time it went to 2$. Got burned out of a lot of profit.
Yes you are right. If the company fails the worst that happens is I lose my 13k investment. In the grand scheme of things that is really nothing at all. I think we will be alright in the long run.