Just letting other traders know if they don't have a copy of the AFR ...
In today's AFR there is a article on BTA quoting the analyst from Pattersons Securities . He comments that - We believe the price of Biota cannpt be sustained by a valuation of the revenue Biota will receive from the stockpilling around the globe. Also states that the share price is massively overvalued and put a $1.30 valuation.
Personally I'll just continue to day trade BTA
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held