Peter Cook the idiot has a history of talking down BTA SP....

Peter Cook the idiot has a history of talking down BTA SP.

(Refer to 31/05/07 ASX announcement) Full year profit guidance: BTA advise that its profite before tax for the year to 30 June 2007 is forecast to be AT LEAST $18 million.

(Refer to 26 July 07 ASX Announcement) BTA previously advise that its profit before tax for the year would be at least $18 million, based on the 4Q royalties being in line with those of the 3Q. Now that the June Q royalties have been advised by GSK, BTA expects profit before tax to exceed $17 million.

The press had a field day reporting sensationally that BTA had downgraded profit causing the sp to drop sharply.

Less than 2 weeks later, on 9 Aug 07, the ASX announcement read: Biota delivers Profit after tax of $20.2m