BTA 0.00% 57.0¢ biota holdings limited

Quoting Moreld:“ Of course not, cash backing at October is...

  1. 830 Posts.
    Quoting Moreld:
    “ Of course not, cash backing at October is September cash backing plus any actual cash flow.
    We know the September cash position we know a cash amount received we do not know any other cash flows. We simply can NOT tell what the cash was at the time of the AGM”.

    Contrast this to the ignorant fool’s post to support the statement that BTA cash backing was 34 cents per share.
    Quote:
    “I just love your editing. Is it malicious, blind fury, subconscious slip or a simple mistake?
    The actual quote is
    "At the end of September our cash stood at $55.0 million and the funds from AstraZeneca of $4.2m were paid on 22 October."

    $55 + 4.2 = $59.2M divided by 174,563,999 shares and you get 33.9 cents.”

    What is UNEQUIVOCALLY CLEAR is the cash backing on 30 September was $55M which any decent person with a calculator knows is not 34 cents.

    Moreld, you have proven yourself to be malicious, a stupid fool and foremost a dishonest spruiker.

    LOL.


 
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