BTA 0.00% 57.0¢ biota holdings limited

letter from mangrove to nabi holders

  1. 8,256 Posts.
    http://www.redorbit.com/news/health/1112676856/mangrove-partners-sends-letter-to-stockholders-of-nabi-biopharmaceuticals/

    Let's see if Biota management roll onto their back and play dead, or how much backbone they have on this. I wonder whether Biota has a right to send NABI holders a letter in response, or whether they leave it to NABI's tarred and feathered management to solely respond.

    There certainly appear to be some untruths, or at least some heavily slanted comments (against) about Biota by Mangrove.

    This is where we will see how much balls Biota mgt have, as the incumbents - will they impress NABI holders, or will they do what they have typically done when it comes to Public and Investor Relations and leave it to the market to work things out itself...?

    ...confidence or NO confidence - we will see!
 
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