Bioasis Technologies Inc (CE) (BIOAF)

Perhaps 1.1/share?

Buyout of Bioasis, not for cash but for shares.
I do not yet understand what that means in cash.
https://www.otcmarkets.com/stock/BIOAF/news/Bioasis-Technologies-Inc-Announces-Merger-with-Midatech-Pharma-plc?id=383691

Trading is halted. I see no reason.

I think we will need at least a 10 million share day to move above this level.

Unfortunately, no. But I think there are no really big shareholders since float is 67,572,906.

Siar, it shows there are 72 million shares out standing yet the volume is very low most days. I've been trying to find out who the largest share holders are but with no luck. By any chance would you know who are the largest shareholders?

They found someone willing to give the company a considerable amount of money. Of course I would prefer revenue. But I look forward to a closer look at the annual report, probably next week.

Is there anyone else on this board? what do think about the latest news from the company?

A little longer than one year.

How long have you been involved with this company?

Yes, waiting and hoping.

is anyone still on this board?

BTI.V huge play here...in bed with XOMA...goona be massive!!

https://media.stockhouse.com/media/companies/v-bti/eqp/Bioasis-Presentation-January2021.pdf?_ga=2.252643657.1704150884.1594225402-1865655968.1594225402#eqp010621

I don't know, but that's surely market maker's action, not traders'. Perhaps there is a problem in their algorithms or something lies in front of us that makes them act.

meaning?

Bid and Ask seem to be a bit crazy. Orders coming in and going out continuously.

I hope so. Waiting for this for almost 9 months.

This stock is going to soar soon!

Under the terms of the agreement, in exchange for a US$1.2 million upfront payment, XOMA will receive a low single-digit royalty on the future net sales of each of the four Chiesi Group-Bioasis enzymes and an undisclosed share of the up to US$138 million in potential milestones due to Bioasis under its agreement with Chiesi Group.
Why is that undisclosed? Is it that much?

Yes.
This company seems to be not in focus of many investors. Even management seemed to expect strong reactions when announcing that contract at the end of June and therefore halted trading. I would have liked to see noteworthy movement.
I will continue to wait.

Exciting board.

Whatever happened to this?


https://gmpnews.net/2018/05/wuxi-biologics-starts-cooperation-with-bioasis-to-advance-new-brain-cancer-drug/

https://finance.yahoo.com/news/bioasis-chiesi-group-host-webcast-212400079.html

Bioasis/Chiesi webcast, July 16.

Is there a direct relationship between that link and Bioasis?

Unfortunately I can't access Bioasis's website since yesterday.

https://www.oncnursingnews.com/web-exclusives/her2-breast-cancer-with-brain-metastases-unmet-needs-remain

Great contract in my opinion!

Trading halted...
"Reason: At the Request of the Company Pending News"

BIOAF

Tailwinds Research Group Coverage:
https://tailwindsresearch.com/bioasis/