(24 2009) "When you realise that BTA has about $90m in cash, a market cap of about $190m, its shareprice is hardly beyond its fundamentals."
I've had shares for over five years and Biota hasn't paid me anything (even the share price hasn't gone up, even though Relenza and pipeline couldn't get any better in 2008-9).
It confirms Biota management and GSK(who don't give a rat's **** about antivirals, their PUSHING vaccines instead of Relenza) is a bunch of con artists?
Biota management don't get out of bed for less than 700 million dollars.
Peter Cook couldn't bother winning the 700 million dollar lawcase against GSK for the shareholders, but Peter Cook and Biota management told the shareholders to financial off when shareholders voted against Peter Cook getting 500 thousand free shares, and he got them anyway.
BTA Price at posting:
$1.20 Sentiment: Hold Disclosure: Held