about a month ago I said this...
"I'm also holding a bucket of oppies - unfortunately probably can't afford to covert them all at current heads/oppies price differential.
Anyway am holding till the bitter end and will let them lapse if I have to."
...well I've changed my mind. I have exercised all oppies held. Unfortunately it was at the cost of some of the other bio-specs that I also hold, but the decision was a risk based one.
The decider for me was several fold - the very significant M&A activity in the HCV space recently, the HIV Ph2A trial results due in Q1/2, the quality of the mgt team and the novel drug status of BIT research.
bluebush
location/location/location, page-32
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