We are in a WAY stronger position going forward that what we were one and a half years ago when we sat at $3-40 , yet we are at $1-31 , cant blame dilution or anything.
The big thing last time was that flu was rife , and eveyone wanted a peice of BTA
At the moment there is no pandemic , so very few people want to know about BTA (at the moment) , which makes it easier for the powers that be to manipulate it.
They need to make their T/O bid before the sniff of another flu outbreak though , because they wont be able to hold it back then.
If it went to $3-40 last time on the back of relenza , imagine what it will go to now with what we have now.
But in the meantime - no flu = no interest = easy manipulation.
BTA Price at posting:
$1.31 Sentiment: Buy Disclosure: Held