Muzz a are you serious a you see this as good A pharma company that cuts its R and D to preserve cash but continues to pay its management the same highly lucrative salaries . A company that relocated for the convenience of the MD , who as of today has been in charge of severe underperformance resulting in loss of Barda contract In all seriousness - what has RB offered since taking over . Has a marketed the company successfully - nope silent for about a year Did he help drive SP value - nope . Did he raise capital at SP highs - nope Has he bought a single share since he took over - nope Has his management acquired stock - nope - even at these levels
Biota has been moved to the US for the convenience of the Chairman and then relocated inside the USA for the convenience of the CEO . In case Australian shareholders request a move back to AUS, lets make sure we shut down Australian operations completely so there is no reason to move back , we wouldn't want the MD travelling more than 10 min to get to the office The save 8 m a year but get rid of the actual brains. - how much to we pay management a year - dont look unless you want to cry . But a guess cash has to be preserved to pay themselves handsomely before their next role of the dice
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
