According to Michel de Nostredame, Biota Pharmaceuticals will be taken over by a US predator within 12 months of listing on the NASDAQ.... at a price of less than AU$1 in old money (or US$8 in the new NABI currency).
Throughout the years of holding Biota shares, I always kept faith in the research, the product portfolio and also the integrity of the management.
Whilst 2 of the 3 remain, the one that captains the ship has left me with the sense that I am journeying to the US aboard the HMS Titanic.
All aboard!!
I hope he, (Nostradamus), is wrong.
(Sentiment = ripped off)
BTA Price at posting:
57.0¢ Sentiment: None Disclosure: Held