Brilliant foresight by the previous Australian Biota BOD to go to the NASDAQ
But.... Wait.... Overnight Biota edged another cent lower to be $2.33 , divide by 8, and you get 29 cents, which equates to Biotas record low achieved at the depths of the GFC when they had abandond the seemingly unloseable lawsuit against GSK (Thank god for a weaker Australian dollar, it now equates to 37 cents ...woo hoo!)
Well done again Jim Fox and Peter Cook your visionary thinking. In particular fabulous decision not to do any public relations in Australia when you can go to Amercia and investors will flock to you like bees to honey
And really it was a great decision to abandon the lawsuit and normalise the relationship with GSK..... They have been jumping out of their skins pushing Relenza
Anyone know of one good strategic decision by either Fox or Cook...... How much did they each earn by effectively destroying BTA and giving birth to BOTA?
BTA Price at posting:
57.0¢ Sentiment: None Disclosure: Held
