BTA 0.00% 57.0¢ biota holdings limited

it looks like market is set and waiting for nw

  1. 767 Posts.
    The market seems quite happy at $1.50-$1.60 awaiting wednesday nights GSK quarterly announcement.

    The question are
    1. are we on a train heading into a tunnel with light at the end of it only to find a train coming towards us.
    2. On a express train ready to leave at $1.50 stopping at $3.50 then stopping at select locations $4.50, $5.50 then continuing to where it was always headig $10 plus.

    I dont think its option 1
    and I believe option 2 is more likely with increaded royalties and LANI.

    I would like to remind newer players about this stck.

    Circa 2001 many anayalits forecast $10 plus and even one German House redicted $40

    What caused such a poor outcome you may ask.
    Well the main reason was Gilead's Tamiflu and the Donald Rumsfeld influence in maybe helping to bar Relenza into the States at that time.

    Gilead stock price has gone through the roof (yes i know not only as a result of Tamiflu) but it has made material difference to the sucess of Gilead.

    It is again not a level playing field with this time Biota in the box seat. Relenza and Lani coupled together with Tamiflu resistence.

    Only a few days to go and if I am right and we are on that Express Train then maybe we should have a celebration lunch somewhere in Melbourne
 
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