investor briefings, page-9

PC and management had learned a new trick - when there are shareholders backlash PC will organise investor briefing. He even answer phone calls like a million dollars paid phone receptionist.

Who are the people who attends the investor briefing? They are existing Biota shareholders. Is this what is needed to stop the share price erosion? The share price is not reflecting its true value. It is clear when the share price is lower than the Barda funding and cash holding, the wider investment community has no faith in the company management.

Part of this is due to the lack of information to the wider market. If there are good prospects, the management should release the information to the stock market - not just hold a politician tea party under the guise of "investor briefing".

The few people who attend are retirees. Look at what the reputable big companies on the ASX do. They release such information in true "Investor Briefing" and release all the information given in the briefing to the ASX.

These "investor tea party" is to appease aggrieved shareholders more than to attract new investors, the same as PC answering phone calls. The company need to market BTA to the wider investing community.