BTA 0.00% 57.0¢ biota holdings limited

Well done Port. Let us put your post to the test.Quote:It seems...

  1. 830 Posts.
    Well done Port. Let us put your post to the test.

    Quote:
    It seems that Relenza has been given a massive boost in the last week. Both Stockpiling and Seasonal markets have spoken and Relenza is the potential new market leader.\

    Port, explain why GSK is only able to supply 0.4m courses in Feb and 0.6m in Mar when (GSK) was able to supply hundreds of millions of courses after being forced by Governments who threatened to over write patent laws during the pandemic stock pile period??

    Quoting Port:
    A few traders getting in on speculation of a settlement and getting stung was all that it took for the price to fall to cash backing.

    Port, we know as a matter of fact Peter cook stated in the AGM that the cash backing at the end of September was $55 million which is 31.5 cents per share ($55 m divide by 174.6 m shares)

    BTA closed at 45.5 cents today. If we are to believe you that BTA is trading at cash backing can you explain how the cash backing has increased from $55 m to $79.4m ($0.455 x 174.6m shares) Is it not true that the only known or announced income since the AGM is the $4.2m income and the miserable Relenza royalty which is before expenses?

    Portablealpha, here is your chance to explain yourself, otherwise your postings can only be seen as spruiking BTA.

 
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