BTA 0.00% 57.0¢ biota holdings limited

what is the cash worth? i'll bid for the lot.

  1. 8,256 Posts.
    Can anyone give a quick estimate of what the cash in the bank alone is worth as a proportion of the current market cap?

    I think I'll make a takeover bid, sack all the mgt and kill off the current cash burn and just sit back and earn the balance of Relenza and upcoming LANI royalties - WOW.

    Anyone care to join my syndicate? Offer is limited to the first 10 takers. We would then limit our cash burn to $10m per year ($1m each).

    :-)

    Seriously though, at this price, there must be a few vultures circling.
 
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