BTA 0.00% 57.0¢ biota holdings limited

now would be a good time for share buyback, page-4

  1. 8,877 Posts.
    lightbulb Created with Sketch. 20
    Yes cgt

    I was once a big fan of buy backs but not now with BTA. They need every cent to develop the pipeline. What does it matter if they are 50 cents and still don't need to raise funds. Sentiment has changed but not fundamentals. They get stronger by the day.

    Also a falling knife tends to get rid of most day traders and let's long term holders accumalate cheaply.

    I'll be back in below 80 cents.
 
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