BTA 0.00% 57.0¢ biota holdings limited

good news - nabi trades ex-dividend this week, page-7

  1. 9,583 Posts.
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    This is what I think will happen based on Nabi announcements to date:

    (1) By the 6 Nov, merger scheme arrangement record date. Biota Limited will send out notification letter to BTA holders advising their consolidated shares in the new Biota Inc.

    (2) By the 8 Nov Nabi NASDAQ trading will be suspended for consolidation 6 to 1 of Nabi shares. BTA will be converted to the new Biota Inc shares by a factor of 0.1249. Nabi will change the name to Biota Inc

    (3) By 9 Nov, Biota Inc with a NASDAQ sticker (BTAL ?) will be traded on the NASDAQ, hopefully at $10 + USD...

    Good luck guys.. Look like Xmas come early for you guys finally... BTA shareholders deserve it..

 
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