I would imagine that Biota are also very cognisant of the fact that current revenue generating model [ie commission only] is unsustainable for an ASX-listed company. Having zero foresight or control into your financial results is a recipe for a volatile share price [as we are all too aware]. Somehow I feel they need to secure a deal which will generate a smoother stream of [annuity] income which will be more attractive to institutions and stop the likes of me calling Damian Lismore and others to ask what the heck is happening - they've got more important things to address. I wish them and all who sail with them the very best of luck.
BTA Price at posting:
97.0¢ Sentiment: LT Buy Disclosure: Held