BTA 0.00% 57.0¢ biota holdings limited

refresh your memory from gsk website, page-3

  1. 777 Posts.
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    Tooluck, IMO the current SP does not reflect the most optimistic set of data. I think the price probably reflects your view of likely royalties, around $25 million. I think royalties are likely to be around $30 million. There is plenty of space for the royalty to suprise on the upside, if so, we should see the price rise. If it meets your/my expectation, it will probably remain flat.

    It's all guesswork, but I can't see them not selling most of the 90million dose pa capacity. 60 governments with orders should provide a forward order book for at least 1 year at this level of production.

    P.S. Point is, it doesn't matter what some posters expectations are, I agree they are far-fetched, what matters is what expectations the SP reflects.
 
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