Abobo:My situation is idenitical to yours.Still. - Biota was...

Abobo:

My situation is idenitical to yours.

Still. - Biota was touted as blue chip biotech as it had a product to sell and was earning royalties.

Honestly, if your are not a day trader doing research makes little difference when investing in small cap firms as the corporate governance is so awful that what they report is best avoided.

This is why buying directly into ASX blue chips directly is better value than a broad index fund.