BTA 0.00% 57.0¢ biota holdings limited

hh investor update refresher

  1. 1,116 Posts.

    At the end of last November, Hunter Hall had an investor update on Biota (video on their website)

    They claimed that it was hard to believe that a company that could save humanity ONLY had a market cap of $400 million (share price $2.60). (LANI worth this much alone)

    Now the current market cap is $180 million. Very hard to believe it could have fallen this much with a LANI deal still very much on the cards (albeit a little late)

    Have we a hit bottom yet? We are much closer to the 2008 30c bottom then we are to the 2009 $3.40 top. Yet the story today is still in sync with the 2009 top and very much different from the 30c bottom.


 
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