BTA 0.00% 57.0¢ biota holdings limited

chugai shares have biggest fall in 2 years on tami, page-7

  1. 984 Posts.
    re: next announcement SP is based on future profits/ cashflow

    in Biota's case there is obviously loads of cash coming very soon in form of royalties

    the week should see momentum building for the end of mediation hearing friday - then if it does not come to resolution if will continue as a full on court battle early next year
    whatever the outcome this friday - thereafter, the parties can at any time make up and get on with life by settling out of court IMO

    this possibility is high - since the longer GSK waits - the stronger Biotas case may get ( orders building with lack of capacity - GSK did not promote Relenza sufficiently - nor did they provide capacity to produce sufficiently

    the longer GSK waits - the more obvious it becomes - it will eventually hurt

    so GSK would most likely fix this in the next 4 weeks (my guess)

    DYOR
 
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