I have had a good breather from bta over the last few months. Management seem to have there hands tied in alot of cases due to the Court case, pipeline etc.
Some decisions I cant fathom from them but they are certainly honest and have good governance.
The latest one is this share buyback. I believe it has been negative to the share price as the dumpers know they can sell and BTA seem to buy to get the best price. With the shares on issue. I dont understand how even ten million or so can help shareholders unless they agressively drove the price up with that ten million or so in a week. This would be better for everyone I believe.
BTA holders are long suffering and need A BREAK.
Re the drug and pipeline just go back a year or so ago and you will have all the info you could ever ask for.
Im a bit over BTA. Its been too long and too hard.
I do believe firmly that GSK will settle with BTA soon.
Wheather soon is now or in one year I dont know.
Good luck with BTA.
BTA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
