BTA biota holdings limited
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abn amro moves to buy, page-15

  1. joelbaby
    1,739 Posts.
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    19/08/09
    18:11
    Post #: 5529181
    Hi dready,

    I guess that you haven't been trading the share market for very long.

    The shares are worth what the market is willing to pay for them - not what you think they're worth. I might think BTA is worth $50million per share, but the market disagrees.

    What PE is the market willing to pay for a Biotech royalty company? I guess you'll have to ask the institutional funds who are creating biotech royalty funds. You'd know about that already right?


    Joel
    BTA Price at posting: $1.90 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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