BTA
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0.00% 57.0¢ biota holdings limited

take-over taget

  1. autoflight
    850 Posts.
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    06/08/09
    09:13
    Post #: 5474765
    There must be a HC reader who understands take-overs. It would be very nice to see very informed comment.

    For a stock that is supposed to increase sp by around 50% with great possibility to be much more, who would be interested? Daiichi-Sanko might be a possibility, given that last year they purchased a private biotech company for around A$300 million.

    Would the money be on GSK, Roche or DS? Are there others who might be interested?

    In Australia, take-over offers seem to be initially at a 20% premium to last trade. Would this be likely for a volatile stock like BTA?
    BTA Price at posting: $1.98 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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