Well it has been a long time but now we have the first news about resistance in tamiflu not just for the common flu strains but also for the swineflu.
And so the only antiviral still standing in this world of seasonal flu and swine flu is Relenza.
Governements around the world will have to adjust their stock piles and can dump their tamiflu stocks on the rubbish tip.
And what are we seeing with the share price in this situation and with this latest extremely positive news for relenza????
It is going down.....
And how is this possible???
You do not have to look far for an explanation.
First of all the share price is capped to the max and have been so for weeks on end now.
The 2 million of so shares and the bot selling and buying of shares in the single and double digit numbers explain it all.
Up to here I agree jojo, but as usual you deliberately miss the target and sabotage your own logic trying to take as many newbie BTA shareholders with you
Then the continues down ramping on this forum and raging about the bad management of BTA will certainly not encourage any one reading this forum to invest in BTA.
I keep raging about the bad management, no denial, so why not simply prove my argument wrong, or are you hoping the Biota management will gorge themselves until they decide the shareholders deserve something too? How's that working out for you,... anyone?
Why would anyone make the mistake of doing this simply to "invest" in Biota. Show me someone who has made money with Biota shares or has finally worked out how to make money here, and you can only point out a Biota management parasite, or someone who is comfortable fooling new shareholders into buying BTA shares.
I've been involved in Biota shares for over five years, during that time I've been buying small parcels regularly and I haven't sold BTA shares for over two years( when I realised I hadn't made a single cent from Biota, just from other BTA shareholders).
I still haven't made a cent from Biota, logically that makes BTA shares worthless, like stamp collections, and milk bottle tops, that's why Biota shares are so easily manipulated by those cornering the whole company, not just a bundle of worthless sharers.
Biota shareholders should stop being miss directed by any pointless announcement, they no longer influence the share price anyway. That indicates that if we don't do something drastic soon, to kick out the management and market manipulators, the Biota pyramid scheme is going to collapse, no matter how much GSK says Relenza is sold, and a select few will be richer( they are already getting paid) and Biota shareholders will be clueless.
I have put all those voices on ignore as they do not serve a purpose except for stopping any new investors on Hotcopper investing in this company.
Clearly you are happy making money from other shareholders Dispite all this Relenza will bring in the bacon for BTA and we will reap the rewards imho.
There have already been Relenza sales, the Biota management at the trough have already/continue to reap the rewards. Is that what you meant to say?
I have been in and out of Biota for many years as some of the old timers here know and I believe that BTA has some serious money coming towards them in the near future.
Clearly there is a money making method that doesn't involve Relenza sales, just the still warm beating hearts of new virgin BTA shareholders
And this will have to reflect the share price sooner or later.
jojo, but you are saying that share price doesn't have to go up to make "smart " money.
We just have to be patient and if the share price drops even more, we should make the most of these bargain prices.
enough already, I GOT your plan (and it makes me sick)
I advise you all to do your own research and to make up your own mind about this company.
Reading this forum will probably not help you must in this process.
good luck to all holders
And as always I am a happy holder and have time to wait a bit longer to reap once again the rewards from investing in this company.
jojo, why not take up a more noble pursuit, like hammering the gold teeth out of cadavers?
BTA Price at posting:
$1.28 Sentiment: Hold Disclosure: Held