BTA 0.00% 57.0¢ biota holdings limited

Quote: "If our guys can get a good outcome for the ROW license...

  1. 830 Posts.
    Quote: "If our guys can get a good outcome for the ROW license then I'm sure all the critics over the GSK action will be silenced" End of Quote.

    Thank God the ROW license will be driven by DS and not Peter Idiot or GSK. However Peter Idiot will lay claim to any outcome regardless. Even for extraordinarily idiotic decisions, Peter Cook will spin facts to claim the credit and reward himself. Have shareholders forgotten his most idiotic $20m GSK deal for which he reaped 435,600 LTIOs eventhough shareholders voted it down? And the idiot is so indecent that he even blamed Peter Molloy for the 08 FY losses thinking that shareholders will never learn that Peter Idiot turned down the $100m offer that would have provided BTA with a $80M profit instead of the huge loss.

    Peter Cook is already claiming credit for the increase in Relenza sales. There are many unconfirmed news that the idiot is reaping pay increases and LTIOs as if he single headedly increased Relenza sales. Peter Cook is nothing but a proven failure as the CEO in OEC. Every time Peter Cook opens his mouth it is to ask for rewards or to destroy shareholders value.

    Lest we forget, these are some of his idiotic performance as the CEO of BTA:

    1) When Relenza Avian pandemic stockpiling sales decreased, Peter Idiot repeatedly blamed it on “poor Northern hemisphere flu season” knowing very well that Relenza market share of the flu market is closed to zilch. It is only the recent Tamiflu resistance that allowed Relenza to start gaining traction in the seasonal flu market.

    2) Immediately after Tamiflu reported a sharp drop in sales, Peter Idiot told shareholders that the factors causing the Tamiflu sales to drop do not apply to Relenza. A few days later, GSK reported a similar sharp drop in the Relenza sales.

    3) Downgraded profit and a week later reported an increase in after tax profit.

    4) Suspending shares buyback without informing the ASX in breach of BTA’s duty to shareholders in a timely manner.

    5) Refused the $100m GSK offer; and after burning $30m in legal fees, settle for $20m and told shareholders what a good deal it was, reward himself handsomely and blamed the financial loss on Peter Molloy.

    6) Relenza is BTA’s single most important revenue and despite GSK publishing Relenza sales on the internet, Peter Idiot announced wrong sales figures to the ASX and weeks later when correcting it, blamed it on GSK.

    7) Talking down BTA sp as if it is his duty to decide what BTA sp should be.

    8) Told the ASX that the law suit settlement do not affect Relenza sales but now that Relenza sales is going up due to the Swine Flu and Tamiflu problems, Peter Idiot is claiming credit for the increased sales.

    Port, if you want to be the Peter Cook’s apologist, please justify each of the above Peter Idiot’s actions.


 
watchlist Created with Sketch. Add BTA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.