mw03, It's rubbish like this that proves the financial wizards at Biota have to be turfed out as soon as possible. Apparently the only way investors can make money in Biota is if they sell their shares. Was that in the prospectus twenty years ago?
They've wasted over $100 million, with failed expansion, a failed lawsuit, and poor buyback timing, and less than six months ago with the best efforts of this management, and the wasted millions over 20 years "building sustainable value", we saw the share price under 30 cents.
Twenty years of this broken business model, which has failed to "grow the sustainable value of Biota" because the fools are only interested in properly managing enough money to support their own salary packages, while the shareholder millions have been thrown away, (probably to save them having to work out how to pay dividends), and they expect us to trust them with more of our money?
Kick the useless parasites out.
BTA Price at posting:
$1.12 Sentiment: Hold Disclosure: Held
