hoping for biota to break $6 today, page-26

CORRECTION

Regret that calculations were based on US$/A$ in reverse! Perhaps I should stick to my day job!!
Post should read:

Biota Supporters (Holders & Ex-Holders!)
With the rise above $6 overnight for BOTA on NASDAQ I was motivated to set up a spreadsheet to calculate:

1. My cost base per BIOTA share at the time of move to NASDAQ (9/11/12) was $1-75 per BTA.asx share.

2. At close today BOTA @ US$6-32 and exchange rate 0.90 - is equivalent to A$0-88 per BIOTA share

3 At todays exchange rate (Au$/US$ 0.90) I will break even when BOTA hits $12-60 while at Exchange rate of 0.85 break even is $11-90.

I suspect that there are many holders still under water ie drowning not waving!!

Best of luck for all supporters.
Regards
Kangaroo1

Factored in:
A. trading in and out from 1st entry in May 2009 @ $1-13 to final buy in October 2012 $0.61 - marred by a buy near the peak @ $2-95 on 26/10/2009.
B. 9/11/12 transfer to BOTA on NASDAQ at a share conversion rate of 0.124953987 BOTA share for each Biota share.
C. Close on ASX on 30/10/12 @ A$0-57 and close on NASDAQ on 9/11/12 @ US$4-12 = A$0-51 - exchange rate 1.01