BTA 0.00% 57.0¢ biota holdings limited

Unexpected Support

  1. 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.

 
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