BTA biota holdings limited
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The dealer is trying to keep the market spread at 1c now, which...

  1. ecsc
    3,130 Posts.
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    24/05/10
    13:18
    Post #: 6728825
    The dealer is trying to keep the market spread at 1c now, which should normally be 0.5c. That could indicate that the dealer's position in BTA is nuetral. I guess it is a good indication as BTA has still lots of open short positions in the market. A good announcement would easily send the share price up to $1.3.

    Currently BTA's future earnings based on its products is still promising. I think BTA share price will stabilize around $1.2 given no news coming out or leaking.
    BTA Price at posting: $1.13 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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