The latest announcement from the USA that it is ordering Relenza is only the tip of the iceberg. More orders will follow from different nations and also from those countries like the USA who are buying at the moment. The amount of Anti virals the USA alone has, are in no way enough to look after its people in the wake of a birdflu pandamic.
Watch the following months wil many more orders coming in and heaps of $$$ in royalties towards Biota.
IMHO Biotas will crack the $1 soon and keep rising. Biota has 1 of only 2 Medicines that can help fighting this world Pandamic , do you really believe that the stock is not undervalued?????
Biota was once around the $8 with the release of Relenza, will it now for a second time get close to the same value??
This time we do not have only the upsided from Relenza but also a very good case with the Litigation to succeed.
A postive outcome of the Litigation could be worth more then 3 times Biota current Marketcap.
Heaps of upside for Relenza and we should be climbing steadily in share price as the flu pandamic unfold and the Northern Winter comes closer.
jojo
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
