BTA 0.00% 57.0¢ biota holdings limited

"I'm expecting to get caned for this, but you have got to be...

  1. 13,916 Posts.
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    "I'm expecting to get caned for this, but you have got to be joking! The only valuation with any certainty is that BTA is worth more than the pre-announcement value of $1.05."

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    MM, the $231M granted to BTA means (1) we dont have to spend $231M in share issues or debt to advance LANI &/or (2) theoretically we are $231M+ better off in any future licensing deal.

    The above is my idea of reverse engineering the impact of the BARDA funding. In my mind, our market cap should be $231M better off.
 
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