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.
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Held