what is bta really worth??, page-8

Hi King,

You are right and we could well see some fire works soon especially if the share price stays where it is now.
The earnings speak for themselves and the 50 million dollar cash in the banks is an added bonus.
Lani must look real attractive now and any partnering could easily attract double the upfront payements and ongoing payements compared with the latest deal with the RSV.
I also put a high value on the (Hepatitis C ) antiviral and expect BTA to find a partner with a good deal soon.

All of the above makes this company rather attractive for a take over.

The new antivirals combined with Relenza could bring in some good revenues now, and later on in the form of ongoing royalties.

jojo