Hi charlessturt I posted my latest thoughts here http://www.fusioninvesting.com/blog/2008/11/biota-analysis-and-valuation/ I used liquidation value and net present value calculations. Neither are appropriate for Biota, but they are more useful than market or cash value. Both are very rough.
I won't be monitoring this board anymore. If anyone wants to communicate with me feel free to comment on my blog. Don't be put off by the look, I'm just a guy sitting at home and am always happy to discuss investing and specific companies.
If you can't be bothered clicking to see my valuations: NPV: I see $120M-215M in value or $0.70-$1.20 a share.
In summary I see a lot more upside than downside.
BTA Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
