BTA
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0.00% 57.0¢ biota holdings limited

Ann: Biota and Nabi Announce Proposed Merger , page-32

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  1. cgt2009
    13,954 Posts.
    lightbulb Created with Sketch. 139
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    23/04/12
    10:37
    Post #: 10020103
    So this is basically a defacto cap raising?

    We're getting an extra $54M equivalent by way of BTA shareholders being diluted by 54M new shares (+/- a few million shares).

    A cap raising and a NASDAQ listing.... whatever products Nabi has is pretty much irrelevant.

    BTA Price at posting: 94.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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