Puppet4me, thank you for your invitation to join this discussion. Please tell us your relationship to Peter Cook the idiot.
Yes, the sp is rising because of the demand for relenza. All my posts had been heaping praises for Relenza and LANI and the very fact that you are unable to see that reflects you for a Peter Cook Stooge. Despite the idiot CEO talking down the sp, the market will soon see the truth and the sp will raise further.
The truth is the demand for relenza has nothing to do with the idiot Peter Cook whom puppet is praising. Indeed if not for the idiot Peter Cook talking down the sp, the share price would probably have not dipped to the $1.20 mark. And indeed it is already rumoured that Peter Cook is rewarding himself with more and more options as if he single handedly increased relenza sales.
For puppet’s benefit, Peter Cook had a history of talking down sp and making idiotic statements, some of which are as follow:
GSK offered to settle the law suit for approximately $100m. Peter idiot turned the $100m offer down at a time when GSK had not embarked on a pandemic vaccine. A settlement would allow GSK/BTA to concentrate on capturing the Avian Flu stockpiling. Unlike the idiot Peter Cook, Gilead settled the law case with Roche with an increased 20% royalty and went on to captured 95% of the pandemic stockpile at the expense of BTA share holders.
On 26 July 07, ASX Announcement, Peter Cook the idiot downgrade the profit stating: Quote “BTA previously advise that its profit before tax for the year would be at least $18 million, based on the 4Q royalties being in line with those of the 3Q. Now that the June Q royalties have been advised by GSK, BTA expects profit before tax to exceed $17 million.” . The press had a field day reporting sensationally that BTA had downgraded profit causing the sp to drop sharply. Less than 2 weeks later, on 9 Aug 07, the ASX announcement read: Quote “Biota delivers Profit after tax of $20.2m” ”
In 2007, after Gilead/Roche reported a sharp drop in Tamiflu pandemic sales, the idiot Peter Cook told shareholders the factors causing the drop in Tamiflu sales do not apply to Relenza. A couple of days later, the idiot when reporting a 60% dropped in Relenza sales stated Quote: “These are the summer quarter sales in the northern hemisphere and are typically the lowest of the year” and the idiot knew full well Relenza sales in 2007 to the seasonal flu market was always closed zilch.
2008 reflects Peter Cook’s finest performance. The idiot suspended the company share buy back in mid May 08, failed to inform the market and instead misled the market in reporting the share buyback in May as if it was for the whole month.
And the icing in the cake - After burning $30m legal costs Peter Idiot settled for $20m. Thinking shareholders will be no wiser of the $100m GSK offer, the idiot told shareholders that it is his great achievement, blamed the financial loss on Peter Molloy and then asked shareholders to vote on a resolution to reward him with 430,600 free options. After shareholders voted down the resolution, the idiot collected his options and announced it to the market on 17 December hopping shareholders were to busy celebrating Xmas to take notice.
Together with his mate John Grant, on 28 Aug 09 they told shareholders that all undirected proxies will be voted in favor of the election of Dr Montalto as a director. After months, on Friday 24 Oct, these idiots changed their mind to vote against Dr Montalto and gave shareholders until 10.0am Monday 27 Oct to change their proxies knowing full well many shareholders would not have received the notice in their mail by 10.00am Monday! If this is legal, it reflects the extent of the idiots indecency.
Come 2009 – nothing has changed. Despite, Relenza being the most important BTA’s income and sales figures publicly published on GSK website, the idiot reported the wrong Relenza sales figure to the ASX. Weeks later when correcting the figure, he blamed GSK for the revision and we know as a matter of fact GSK did not revised the figures on their website.
Prophet, I hope you can tell us what praises we should be ringing for your beloved CEO Peter Cook? LOL If you need more examples of his idiotic performance please ask and we will be pleased to post more.
BTA Price at posting:
$1.55 Sentiment: None Disclosure: Not Held
