Maybe they are not confident - seems to be the case with current management, or they are being cautious knowing there maybe a challenge.
Depends how deep BCRX pockets are - not too deep based on current cash flows - they may need a white knight, or litigation funder to mount a serious challenge.
None the less, this is positive news for BTA, the ducks are lining up - shame this and other recent positive news was not about when price was +$3, I would then not be writing this !
cheers
OR
BTA Price at posting:
79.5¢ Sentiment: LT Buy Disclosure: Held
HotCopper & The Market Online will be live From the Floor at the Mining News Select Conference and we want to bring the voice of our online audience to the show with us.