what the analysts are saying

So lets have a look at what the analysts are saying

Wilson: 16th June, Recco: BUY, tgt: $1.49
RBOS: 16th June, Recco BUY, tgt : $1.47 (from memory – not on website)
ABN-Amro: 12th June, Recco: BUY, tgt: $1.53
Taylor-Collison: 12th June, Recco: Spec BUY, value: $1.80

Great to see they all rate BTA as a BUY, but they do appear to be erring on the conservative side. (I guess they are discounting based on the ‘incompetent management’ effect)

So lets hear from BTA - from the website:
“The Directors and Biota management do not endorse any Analyst report …..”

What does PC have to say:

“Our share price bounces around on flu scares.”
(That does happen)

“It stupidly doubles, gets pushed beyond Biota’s intrinsic value and then those that buy at the top get their fingers burnt when it comes crashing down soon after.”
(last time SP was above intrinsic value was last century ….. keep up with the times PC)

“My shareholders get distressed about this volatility – that’s what upsets me.”
(your shareholders are distressed that you are in charge of Biota, even though you clearly should not be)

Addtition to the above there are two more analysts for Biota, one credible – one not so credible

Valprops: 23rd May, Recco: BUY, target: $3.50 (at the very least)
PC: Another era, Recco: try everything and anytning to keep the Share Price down, target: easy target for ridicule