Well i recieved a phone call from PETER COOK last night ,which is good of him to do so while he's still over sea's.And got me a lttle off guard but i got off as many quesions as i could so will list them down and hope i dont dissappiont everyone .
1.P.C is not happy with GSK and things are still not good with them ,(and gather will never be ?)IMO.GSK produced many millions doses of tamiflu and not relenza and they pithced that all the way through and relenza was always behind the 8 ball,and things wont be readdressed untill 2012 when stockpiles are repleneshed.And P.C said that GSK put about 1 billion of its own money into relenza which seemed to give them the right to do what they liked with relenza .Real bully boy tactics ,IMO
2.The board is not happy with the share price and what i gather dont know how to deal with it ? the institutions dont really understand BIOTA ,and share price reflects that and the barda was huge for BIOTA and the share price does not reflect all things that are BIOTA'S products.
3.The 2 companys purchased last year were good value for money at the time ,but will need tens of millions to came into fuistion down the track but has the capabilities of bringing in hundreds of millions .
4.Things will be very tight financially in the next few years and negiotiations with all pharma companys will be not easy ,but will be doing the best for shareholders ,producing lani in the U.S was a condition of the barda grant and first prioioty is US CITIZENS .But is only on contract basis.
5.THIS IS THE BIG ONE .BIOTA will be pushing for listing on the NASDAQ,and i think is a main prioity for Piper Jeffery,cause the AUSTRALIAN market is to small and raising capital here is to hard ,and the market does'nt understand what BIOTA does.
6.PETER COOK'S contract is about to expire and wether he goes or stay's is up to BOARD, and he is leaving it at that.
7.Takeover's all comes back to us shareholders and its up to us in the end ,i dont think they'll recommened
a share price that's low ,IMO they the board rate BIOTA share price that isnt as low as what the market say's he is at this time ,cause of BARDA and the other puts BIOTA in a really strong position and that it's not reflected in the current share price .
Well i hope that helps all my fingers are locked up as iam not a typer,PETER COOK said that hes happy to talk to shareholders like me with there concerns and mentioned posters on forums like hot copper ,thats it for me but iam willing to give P.c the benefit of doubt at the moment ,what other posters do is up to you,but BTA look's in a strong position now ,the share price does'nt reflect that . cheeres lakey5
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