value of bta , page-23

Given the type of trading action we are seeing, and the psychology of people being burnt by Biota in the past, I am not surprised to see the SP around these levels. I actually expect it will continue to drift for around 1-4 weeks, but to now have a very firm floor above 1.3. Many possible factors could rocket the price upwards, such as good Relenza sales, and I am looking forward to the next lot of Inavir sales figures. I expect a gradual re-rating very similar to what has happened with MSB since December last year. The similarities are uncanny.