For those that have negative feelings about the upcoming nasdaq reverse take-over - I say this to you
Irrespective of if the vote goes through or not, Biota will list on the nasdaq
The proccess currently being used is the most cost effective way of going forward
Over the years, the company has had ups and downs
Those with margin loans must consider the ramifications of a "no vote"
The intitial reaction will be one of a decimation in the value of the share price.
This will definitely trigger a communication from your lender and force holders to either put in more cash or be out of pocket
The majority of shareholders will be voting for a nasdaq listing
I am excited about the prospects of this company after the successful vote.
I disagree with the attitude of some of the posters on this thread
Having said this - we are all entitled to our opinions and thought on the company
My belief is the share price of a successful yes vote will double immediately on the outcome
My belief is that a successful no vote will absolutely destroy the credibility and confidence in management decisions, destabilize the company integrity and decimate the share price. The company will go into a voluntary trading halt, followed by a suspension from the ASX for an indefinite period of time.
BE SMART AND VOTE YES
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- BTA
- a negative result will decimate share price
a negative result will decimate share price
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