BTA 0.00% 57.0¢ biota holdings limited

new analyst report on biota, page-32

  1. 9,507 Posts.
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    Hi Portable,

    I totally agree with you that brokers are always behind and even Biota management itself has always been behind the latest developments.

    We learned that 5 years ago when poster had to inform biota that certain countries where stockpiling relenza as Biota had no idea it was happening.

    A few days later Biota would make a statement on the ASX that a new stockpiling event had happened when we posters where already aware of it , and ofcourse topped up on our holdings.
    When the announcement came out on the ASX the share price shot up.

    Those where the days

    But it does show that we can not take the management serious with their statements nor the broker reports.

    We can work with the info we get from the media and use that as an indicator where we are going.
    It certainly will be more accurate then the broker reports and the statements and sentiment the management of Biota gives us.

    Good luck

    jojo
 
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