I doubt if a statement can be enforced by ASX in these circumstances.
1 General decline of ASX200
2 Swine flu less obvious for the moment
3 Stockpiling governments are under financial pressure
4 Lower GSK royalty and pc mid year indication
5 High Speed Traders looking for the stop loss points
6 Published analyst reports
7 Labor government
ASX may be able to encourage a statement, but would confirmation of a likely low royalty help?
Many of us have dropped a bundle on paper and it would be great to blame someone, or to improve our position. The drop was an indication of the extreme sp volatility. Volatility can also be up.
I stocked up on BTA due to Bird Flu. Swine flu is interesting, but I am still holding for Bird Flu. Biota shares could be very valuable in a heartbeat. Wish I knew which one.
I feel for those who are leveraged or otherwise finding it difficult to hold on to a heap of BTA. My sentiment is hold. I would buy more if there were not other priorities,
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