BTA 0.00% 57.0¢ biota holdings limited

today's positive action

  1. 162 Posts.
    think today's positive action is primarily due to a wide market expectation that we will get a post mediation announcement.

    Ousia previously posted that Damian Lismore had recently sent off a letter to Glaxo requesting an update on sales figures. I expect they would have got that update during mediation which ended today.

    That could translate to an announcement tomorrow, and I'd predict that sales figures would be spiralling north faster then most punters expect.

    We could also get an update on how fast production is being ramped up by Glaxo, or even the big daddy of all announcements - an early settlement.

    I bought some more today.
 
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