Buffett - Coming from a point of No Frigging Idea here... (So others don't bash me please).
But isn't there a concern that Biota will simply spike in revenues/royalties and then drop off to not much income...?
Obviously the world will now panic, stock up like crazy, and Biota will make a 1-off (Maybe 2-off) Motza quarter. And due to the spike I would imagine that the BTA managers would not pay any dividends and opt to instead hold the money to fund development of other drugs/treatments.
In summary BTA equals good trade on reporting, but not so good as a LT investment due to its sporadic revenues...?
The BIG hope for BTA is a world wide disaster or epic proportions... But I almost would not want to invest on this premise simply because the concept is so incredibly horrible.
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