Hi wilso,You and I know that there are always many predictions...

Hi wilso,

You and I know that there are always many predictions about where the shareprice is going to head in the near future.

Some think it goes up, others think it will go down.

Sometimes some people get it right, like I have been saying that the shareprice on Relenza alone should be $3 imho.

The shareprice has hit that target and went over it, so I was right.
Now we have a re-trace and your friend shylock has become right.

But my argument for the share price to be at least $3 for Relenza alone still stands, and in my opinion we will go back to those levels again and possible higher.

I invest on fundamentals and for the medium to long term , the fundamentals for that strategie has not changed for Biota.

If I keep holding onto my Biota for the medium term I know that the shareprice will go up to be in line with the fundamentals of this company, and will gain my tax discount when I sell them.

Ofcourse we all would have like to sell them at the peak and buy them back at todays ridiculous low levels.
But peaks and lows are anyones guess and is a daytraders domain.

I believe that most traders, guess their peaks and lows wrong as it is like playing the lottery.

Biota will come back to its reasonable value and imho the ASX should have asked questions about the constant sell down in this company.

Biota would have answered that all is fine and this may have calmed down some nervous mums and deads and stop them from selling.

Biota is a different company from the past, it has huge cashflow coming its way, and is cashed up already as we speak.
Tamiflu is now on its way out due to resistance, and the first and most advanced new antiviral on the market will be LANI.
And Biota will again get royalties from this.

Unless antivirals are on the way out, something I certainly do NOT believe will happen, Biota will be doing extemely well in the future.

Not only will we enjoy steady shareprice rises but also ongoing healthy dividend payments.

You will probably realise that although not very happy by the constant falling shareprice, I am certainly still a very strong believer in this company.

This is NOT the first time I have been backing a winner only to see the shareprice going right down before it goes back up to even HIGHER levels.

The big cash cheque that I banked from Biota showed me the big rewards shareholders can expect from Biotech companies that are winners.

Biota is on of these winners.

Good luck in this time of doom and gloom.

And remember the FUNDAMENTALS are still right in place for biota, and HAVE NOT CHANGED.

Its only the shareprice that has changed for the moment.

jojo