BTA 0.00% 57.0¢ biota holdings limited

re: re:ann here it is.... BTA is presently out of the info...

  1. Yak
    13,672 Posts.
    re: re:ann here it is.... BTA is presently out of the info loop....

    ridiculous...but there it is.

    Released in Sep:

    For immediate release
    Reported stockpiling orders
    Melbourne, Australia, 16 September 2005 - Biota Holdings Limited (ASX:BTA) announced today that it is providing a
    market update on the status of reported stockpiling orders based on information from its commercial partner,
    GlaxoSmithKline (GSK).
    GSK has advised that they are in discussion with a number of individual governments and regulatory agencies in
    relation to stockpiling orders. In some of these government tenders there is a requirement that certain information be
    kept confidential. This information can be in relation to price or quantities ordered.

    Biota will ultimately gain access to
    this information as royalties are payable, but there can be a time lag between the order and delivery of the order.

    Biota currently is entitled to a 7% royalty on sales. Biota is committed to keeping the market fully informed of material
    events in relation to confirmed stockpiling orders. The current confirmed order position as advised by GSK is as follows:
    France - 200,000 packs
    Germany - 1,700,000 packs
    Hong Kong - 150,000 packs
    USA - 84,300 packs
    Holland - Order received, but disclosure not allowed at this stage
 
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