Europe will be the next improving market. Major shareholder Bioton is a European company and the aim is to get more approvals in Europe which just about guarantees immediate approval in the many unregulated countries in Asia, Africa and the Middle East.They are building their production centre in Israel which gives a clue about their distribution plans. Also Bioton's chairman is Ryszard Krauze who has a billion $ IT company( thru Prokom Investments) in Eastern Europe which again is a huge market. The market is now re-rating a Company with a very well planned strategy for growth. So more to come!!
SIE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held