BTA 0.00% 57.0¢ biota holdings limited

It sounds like a good plan Brian...but for your plan to work...

  1. 878 Posts.
    lightbulb Created with Sketch. 55
    It sounds like a good plan Brian...but for your plan to work would require
    that vaxart shareprice go back in the sh*ter, and that is my fear
    I think this now billion dollar market cap company has less than 20 employees

    So what I have done and I do not think others should do this as it is very risky,
    is to short sell the same number of shares I have in my personal name, via a
    CMC CFD account I have....luckily I did this at high $15 mark, about a week ago.

    Thinking I would get the vaxart shares fairly easily transfered to my commsec account and sell
    the shares and close the short at the same time, but it now seems that I may not get
    them as easily as I thought, but luckily the vaxart sp has headed south since this and I
    wouldnt recommend anyone else do it as the vaxart SP is hugely volatile.

    So heres hoping I get them thru commsec, if I do, I will then open a commsec
    account in my company's name and try to do the same thing again

    A word of warning

    If an asx listed company you own ever moves overseas...get out beforehand.
    I cant believe how hard it is to get back what is rightfully yours...its a crazy system

    cheers grant
 
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