BTA 0.00% 57.0¢ biota holdings limited

Port, Instead of chanting mantra to spruik Biota, why not show...

  1. 830 Posts.
    Port,

    Instead of chanting mantra to spruik Biota, why not show us you understand Biota Accounts and tell us what is the estimated 08/09 expenses and estimated income.

    If you do not know this, you would have not idea whether it will go bust. When the shares are trading at 37.5 cents with an estimated cash backing of about 23.4 cents and a pedigree filled board it is a hollow mantra to chant that the market had priced as if it has no pipeline.

    If Biota continues to burn $20.5 Million cash every 3 months shareholders are certainly being taken for a ride big time.

 
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