58 buyers for 360,655 units 211 sellers for 1,661,776 units (7:22 AM Sydney Time, Monday, 6 July 2009)
58 buyers for 383,141 units 224 sellers for 1,815,020 units (5:57 PM Sydney Time, Monday, 6 July 2009)
The price at the end of the day that represents the increased value to shareholders(instead of money) is,
Friday : $1.30
Saturday&Sunday : Two days of increased awareness of swine flu Tamiflu resistance, increased Relenza demand. Higher sales demand.
Monday: $1.30
It's only fair the Biota management get a reward too, free options and salary increases all round for a job well done.
And best of all the trap is ready to set again tomorrow.
My plan would be to find a way to renew faith in mum&dad shareholders by paying dividends, obviously Peter Cooks plan is different, and it's been successful for months. Three cheers for Peter Cook, WHAT A FINANCIAL WIZARD.
BTA Price at posting:
$1.30 Sentiment: Hold Disclosure: Held
