Read Southern Cross report from March 2011 saverio they have a 88c target value at their most optimistic,although the landscape has changed significantly since then.....
A little trivia that caught my eye in the same report is that up until the option conversion Biotron only had four significant capital raising for a total of $24mil in the last 10 years.
MM has been disciplined in preserving shareholder interests over a long period,I'm not expecting things to change at negotiation time.
Some much more celebrated and high profile MD's should take a leaf out of her book.GL Holders
BIT Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
