BTA 0.00% 57.0¢ biota holdings limited

koro,I was talking about bottom to bottom in the range of 38 to...

  1. 830 Posts.
    koro,
    I was talking about bottom to bottom in the range of 38 to 60 cents and not between the lows and highs. I am sure you are correct that you bought BTA at 72 cents in April 04.

    I am respectful that you bought BTA for the reasons you stated and there are probably just as many others who bought BTA for the same reasons as you. The same as I know of many others who bought BTA for the same reasons as me.

    BTA shares are mainly in the hands of Dads & Mums shareholders with very few if any institutional shareholders. One thing for sure is that it is extremely unlikely that people buy BTA shares because they were impressed with BTA management.

    From the postings, IF it can be implied that puppet4me is impressed with Peter Cook's skills then I must state that he is in the extreme rarity or he is related to BTA management or he is here attempting to spruik BTA after making the bad decision to put money into BTA!

    Having expressed with no uncertainty what I think of Peter Cook and his mates, I do not share Edh's opinion that the drugs in development are very poor or useless.

    Firstly, investing in a fledgling Biotech company is high risk. For every CSL or Cohlear, there are many times more failed companies that a successful one.

    Lani and HRV have very good potentials but they are still in the early stages of a very long and risky journey to commercialisation!

    However, no matter how good the potentials of the drugs in development are, it require good management before these drugs can start laying eggs for shareholders. You can have the best drugs or the best technologies, in the hands of idiotic management, shareholders will still end up with nothing. This is best illustrated with the high profile Orbital Engine which aspired to be the microsoft of the engine world, combustion technologies that was to offer leaner and meaner engines. What happened? They had Peter Cook as the CEO driving OEC sp from about 70 cents to about 10 cents in double quick time!!

    Leter Peter's credentials speak for him!
 
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