Hi Portable,
We are now in our MAGIC month October and I expect a lot to happen in this month.
First of all we should crack the $3 mark soon , long overdue imho and the value of Relenza alone.
Just like you say Portable maybe some LANI whispers have been filtering into the market and if so, we could be ready for a magic spike in the shareprice.
If Lani whispers are filtering into the market, and you combine this with an excellent Relenza Quaterly , we would have the $4 in the pocket imho.
We may be running ahead again with our thoughts, but so far our predictions have been pretty full on.
Just like yourself I have put my money where my mouth is have been buying more Biota shares all the way up with my last purchase at $2.08.
Biota is now nearly half the value of my total share portfolio and I do not even think about selling one share as yet.
The anticipated LANI deal will give us some direction of where this company is going to.
And an update from GSK regarding relenza sales and the ramping up of production will give us some info to work with.
If all these developments coming up trumps then we may see our $2 billion Company becoming a reality and a share price of $10 or more attached to it.
As I have been saying before there are not many biotas on the ASX so if you have one, make the most of it.
And if you are a holder then you should try to hold onto those shares till all the value has been unlocked.
By then you still may want to hold onto it, to reap the benefits from a healthy biotech company that pays healthy dividents and keep growing internally and thru aquisitions.
Biota could well become such a company.
Still early days maybe but Biota has for now all the tools to become the new CSL on the ASX.
Before this month is out we should have re-confirmation that BIOTA is on the way to bigger and better things.
Good luck to all
jojo
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