"It stupidly doubles, gets pushed beyond Biota's intrinsic value and then those that buy at the top get their fingers burnt when it comes crashing down soon after. My shareholders get distressed about this volatility - that's what upsets me."
Last time Biota traded above intrinsic value was in the 90's... who is the stupid one around here?
The managers role is maximise shareholder value. It is NOT to try and control volatility. Gee, you are a biotech company!!! What part of that don't you understand!?!?!?!?
Get your press releases in line!!! I'm attending the AGM and you better get ready for a shareholder backlash. Fellow hotcopperites, get your voting cards ready!
BTA Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
