1. Most Discussed
  2. Gainers & Losers
BTA 57.0¢

Unexpected Support

  1. singas

    2,961 posts.
    I have been watching with keen interest BTA. Obviously due to the fact that I have a stake in this stock. However, what is surprising is t he level of support for BTA - Effectively the stock has not moved.

    I posted on the interest in my holding from a perth based broker who wished to execute an off market transfer of the BTA ord's at 0.48. Perhaps, just perhaps someone is building a large stake in BTA.

    This would make sense as BTA is well out of favour with investors. However, with a new CEO and its fluNET based products ( Incl: RELENZA ) proven to be effective all we are waiting for is new revenues from an association with a major drug company.
    Ie/ GSKW.

    I will hold for the upswing in BTA.

    Could be a pretty good ride - remember when it hit $7 ?

    Anyone buy in at that level ???


    Singas
    I hold BTA

    Chairman of the Hellraiser is a git foundation.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.