And a 44% increase will get us to 67 cents - lower then any time post GFC on the Aussie market (except for last few weeks of Aussie trading when their was a mass exodus)
What a disaster this move has been for Australian shareholders
The strategic review is out and the market has yawned. There has been no fanfare, no news, no marketing, and no respect shown to Australian shareholders who have stuck it out through this move.
It feels as though BOTA are trying to do all they can to lose all current Australian shareholders. Ultimately the last of the Aussies will exit and at some stage US investors will pick up cheap shares and they will be ones who benefit from this absolute fiasco. How on earth did Chairman Fox get away with his plan not to dual list, and as such make life difficult and miserable for Biota's Australian shareholder base.
When the last bull standing turns stale (CGT) then management needs to take notice. Is there anyone out there at all that thinks Fox, Cook and Plumb are acting in the interests of all shareholders?
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Held
