BTA 0.00% 57.0¢ biota holdings limited

biota boss warns of speculation, page-6

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    WHAT HE SAID

    "When we went through the avian influenza event four years ago, every time there was a report of a goose or duck dying in Europe our stock price went up," he said.

    "If people speculate in the stock on those terms then they will end up disappointed.

    "To assert, right now, that this (swine flu) will cause a massive rise in sales, well, that class of response is erroneous and lacks understanding".

    WHAT HE SHOULD HAVE SAID

    "Tamiflu has shown that it may not be effective against this new strain of flu, whilst this isnt the case with our drug relenza... In the event of a pandemic, in which experts have warned is increasingly likely, relenza could be much more effective than tamiflu, and hence, control most of the world market, which could be very significant for us"

    what a goose he is, with no business sense at all
 
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