I haven't thought about dividends yet but with such a large cash...

I haven't thought about dividends yet but with such a large cash balance why not reward shareholders with a maiden dividend of say 10c/share.

Easy to say looking back now but I was always hoping Biota would buy back another 5-10% of stock when it was in the 30's and 40's a short time ago. To buy back now will cost 3 times as much! So yeah a dividend would be nice or reinvestment into more compounds, they have a good track record.

Don't mind takeovers but only for good technology platforms rather than something like AVX which requires millions more in trial funding. Not many companies around, perhaps the likes of VHL (Virax) or similar.

It's an exciting time for Biota, so many more developments to come with HRV, RSV and LANI progress. Pity it's a bear market at the moment but I'm not selling for quite some time.