BTA 0.00% 57.0¢ biota holdings limited

bta takeover very possible, page-64

  1. 1,013 Posts.
    In the last crash I lost a lot of money and then made it back in spades on a few companies which had cash, no debts and good cash flow.

    Two of note were PPP and BTA. BTA have 100m cash and no debt so BTA is a no brainer. If they only make 30M a year from Relenza over the next 4 years thats another 120M.....LANI should earn minimum 30M per year or another 120M.

    thats 340M over the next 4 years and on 174M shares about $2 per share.

    Buying at $1.13 is a no brainer and yes a market crash will probably take it lower but it will head north sooner than most in tough times. I will not accumulate just yet but wait for the selling to die down. For those that hold their nerve this is one company which has the single most important fundamental...Loads of cash and plenty still coming in the door!
 
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Currently unlisted public company.

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