3 years ago in q4 2009', we hit $3.47 - now we are almost there again!
Pity we had to get one share for every eight we owned in the process.
So Biota is one eight of the vallue since back then. Under the brilliant stewardship of Cook & Fox we have lost over 85% in value.
Now people can say be patient, but I feel all Biota shareholders have been more than patient under the reign of Cook & Fox.
To let the share price get so low opens up Biota to predators who could put in a lowball takeover bid and get away with it.
What immediate steps are Biota putting in place to lift the share price so that we don't get swallowed up by a bigger pharmaceutical predator?
To realise longer term value, Biota need to act fast to resurrect this dismal share price.
We will soon be conditioned to think $5 is an amazing offer, and we will all lose a lot of money for the years of pain experienced by investing in Biota.
BTA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
