Why would ABN-Amro use DCF (discounted cash flow) to derive a valuation for a company like Biota. By all means examine the potential cash flows, but a DCF, you've got to be joking.
DCF is good at modeling long term predictable cash flows. Pretty much the exact opposite of Biota.
blah blah blah regurgitate news, rather than perform serious research or critical thinking.
new research reports spot on, page-3
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