Cgi, when was Biota ever valued on the BARDA contract?
Cook said the market didn't recognise how game-changing the contract was. Fox said that Australian investors didn't know how to value Biota (and the BARDA contract), and that we needed to move to the USA to realise value.
In the USA we never even got to a $1 Aussie equivalent, the price that Fox said undervalued Biota significantly.
maybe the market in Australia and US never valued the BARDA contract because they knew that the rug could be pulled at any time depending on what political wind was blowing.
Let's hope the perplexed and surprised Plumb can take action immediately to instill confidence and prevent the share price falling any further.
Now is the time for him to prove that we haven't got another Cook on our hands
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Cgi, when was Biota ever valued on the BARDA contract? Cook said...
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