BTA biota holdings limited

tamiflu end of shelf life roche gilead, page-8

  1. 1,492 Posts.
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    Miso

    What is your definition of reward?

    From memory BTA listed at $0.50 per share (1985). Share price currently $1.30. Yes given annual return compounded conservative of (8% - including 3% for inflation) over that time we could have expected the share to grow to $1.61. Yes we are behind, however, look at the investment climate.

    The shares in between these times (1985 to now) have been from $0.40 to $9.00 so shareholders, if they have wanted to0, could have been rewarded and some definitely would have been - those whom sold. Especially the ones who sold at $9. They would not say they have not been rewarded or those whom sold in the mid $3 say 5-6 years ago.

    Those shareholders that bought into the recent lows of around $0.40 have been hansomely rewarded at todays price levels.

    So what is your definition of reward?

    cheers
 
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