Short Term Trading Week Starting: 3rd Apr, page-195

STTDIARY BLT, 05/04/17

BLT (Benitec Biopharma) released an announcement two days ago about their drug delivery results for treating OPMD (a degenerative muscle disease). The results were published in Nature and appear to be very well received.

The NASDAQ (BNTC) responded by an 18% rise yesterday and a 40% rise overnight. In dollar terms, in last nights session: A low of $3.42 and a high of $5.48. (!) The ASX response has, interestingly, been a little muted. I'd expect this to rocket out of the gate this morning; the basic maths on arbitrage dictates this if nothing else.

I regard this as a well managed company with clear prospects, and consider it a good trade and investment.

http://m.nasdaq.com/symbol/bntc