You are right we shareholders are starting to look at big paper profits and bigger as the weeks pass by.
The trick will be not to sell to early, its easy to see that we will be going up in price but how far and where will it stop??
Looking at the potential earnings we could see a share price of $8 , how long it will take to get there is anyones guess.
But if we are looking at the new generation Relenza and the other antivirals that Biota has in the pipeline it becomes again difficult to guess where it all will stop.
Speculation is going around that the new generation Relenza will be a real winner and maybe the drug in the fight against bird flu.
The litigation is again another guess.
So we have lots of upside and till the $5 mark we could relax imho after that it will be everyone on their own, to sell or not to sell.
I will be holding to reap the real rewards.
jojo
BTA Price at posting:
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