offers and bids, page-8

Brighterspark

A very eloquent, rational response that, in my opinion, would pretty much qualify to be the perfect letter on behalf of holders to be delivered to the board, management and the media.

If I would want to get one point really clear, I would almost replace one part:

"I too am looking for that opportunity to trade in and out because I am sure more good news will arrive to boost the price 50%"

with (or at least work in the following):

Many holders are possibly at a point where they are considering investing more money in Biota, though unfortunately, not in an attempt to guarantee more profit as the price rises, but rather, in order to average down and minimise their losses as they trade their way out of their investment in the company.

This is the "glass half empty" syndrome which appears to have invaded views and opinions both from the inside (management) as well as outside (holders and media) the company.

All very disappointing from a company that did and still does promise to be one of Australian Biotech's shining stars.

Like a true Thorouhbred, with Biota, the breeding is there...we just need the right setup and jockey to get her to the front of the pack...she will do the rest from there.