3 Most Discussed Stocks Among Investors - BIT, SAS And PLS

  • Dec 05, 2018 AEDT
  • Team Kalkine
3 Most Discussed Stocks Among Investors - BIT, SAS And PLS

Biotron Limited (ASX: BIT)

Bio-Technology Company, Biotron Limited’s (ASX: BIT) shares witnessed an intraday fall of 6.667 percent on 4 December 2018 and continued to slip by 3.6% on December 5, 2018, around mid-day trading. It seems that the bearish trends are now setting in post an immense stock price rise.

Recently on 28 November 2018, Biotron released a presentation of BIT225-009 HIV-1 Phase 2 Data in which the company showcased the significant immunological outcomes which were observed after performing 12 weeks of Clinical trial.

In the month of June, the company raised around $1.48 million (after costs) through rights issue. And in the month of October, the company received $1.07 million R&D tax refund. In the financial year 2018, the company incurred a total comprehensive loss of $1.59 million (2017: $3.09 million) and the basic and diluted loss per share of 0.40 cents.

In the last six months, the share price of the company increased by 614.29 percent as on 3 December 2018. BIT’s shares traded at $0.135 with a market capitalization of circa $76.49 million as on 5 December 2018 (around mid-day trading).

Sky and Space Global Limited (ASX: SAS)

Sky and Space Global Limited’s (ASX: SAS) shares surged by 1.695 percent on 4 December 2018 after the company announced the appointment of Ms Di Fulton to the Board as a Non-Executive Director and Chairman of the Company’s Audit and Risk Committee.

On 3 December 2018, the company announced that it has signed a binding Memorandum of Understanding (MoU) agreement with Blue Power Group to provide advanced network services. This MOU will support the company’s global growth strategy and it will further validate its proprietary communication platform capabilities. Recently on 28 November 2018, the company entered into a distribution agreement with Globalsat Group LLC for the provision of its connectivity services through nano-satellites. This distribution agreement will support the SAS’s strategy of becoming a world leader in Nano-satellite technology.

In the last six months, the share price of the company decreased by 30.59 percent as on 3 December 2018. SAS’ shares traded at $0.060 with a market capitalization of circa $108.91 million as on 4 December 2018 and remained flat on December 5, 2018 during the day.

Pilbara Minerals Limited (ASX: PLS)

The lithium and tantalum producer, Pilbara Minerals Limited (ASX: PLS) has achieved various milestones in the last 12 months. During the financial year 2018, the company successfully constructed and commissioned the Stage 1, 2Mtpa Pilgangoora processing plant. Further, the company completed the sales for each of Pilgangoora’s three product streams which include lithium concentrate, tantalite concentrates and spodumene direct shipping ore.

The company also executed an agreement with the large South Korean company POSCO, under which POSCO made a direct equity investment of A$79.6mn into Pilbara Minerals shares and entered into a binding Stage 2 off-take agreement.

Meanwhile, the share price of the company increased by 5.00 percent in the last three months as on 3 December 2018. PLS’s shares traded at $0.815 (-2.976% intraday) with a market capitalization of circa $1.47 billion as on 4 December 2018, and were further down by 2.5% to $0.795 around mid-day trading on December 5, 2018.


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