BTA 0.00% 57.0¢ biota holdings limited

biota to be nationalized by us government, page-12

  1. 3,130 Posts.
    So, why did the first post of this thread seem to put up this "nationlaization" issue as a negative point of Biota moving to the US?


    IMHO, many traders, espacially those shorters, loves BTA very much because Biota does not pay dividend, Biota has PC, the characteristics of Flu make Biota share price flunctuate a lot, and currently Australian share market seems to not support Biotech industry. That may be why those traders do not want to see Biota leaving Australia market for Nasdaq so that their trading opportunities in BTA are undermined.

    Just my thoughts.
 
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