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wallstarb

04/23/12 3:14 PM

#140665 RE: GrthzGd #140660

I agree with that 100% - there is a big arbitrage opportunity here to buy significant asset at a near 50% discount to what I beleive is intrinsic value. It's just not obvious imo and may trade cheaper - until people figure out what I am seeing. I dont mind buying Biota's business for $40m when it was valued in Australia at $150m yesterday (was $200m market cap with $50m cash)

So if they are goign to come to the US with hopes that that $150m value on theri IP was too small - and now it trades @ $40m based on NABI - I like that trade.
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DewDiligence

11/09/12 8:28 AM

#152009 RE: GrthzGd #140660

NABI, Biota complete reverse merger; merged company to trade as BIOT:

http://finance.yahoo.com/news/nabi-biopharmaceuticals-effects-reverse-stock-123000272.html