BTA 0.00% 57.0¢ biota holdings limited

re: late run: carol About the only thing predictable with BTA is...

  1. 1,026 Posts.
    re: late run: carol About the only thing predictable with BTA is it's unpredicatability.

    Less than ideal result today.

    FWIW i believe it was just another days manipulation by the "professional" fraternity.

    A lot of trading activity also.

    It would appear, as stated in a previous post today, that the big end of town has dumped a sh^t load on the market today to try and force the price back down so they can load up. Support was obvious in the $1.40's last week. I doubt it will be an unreasonable expectation to see support in the $1.50-$1.70 range considering new French order.

    The French order if nothing else served to notify the market of Relenzas increasing Stockpiling.

    You may pick up some cheaper than todays price, but my guess is not a whole lot cheaper than todays close.

    Anyone like to speculate which Govt notified JP' of their intentions to relieve GSK of Relenza's entire production run? I got money on Japan.

    I can't see any reason to sell BTA long term. Happy to add to the pile at lower levels.
 
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