The year ahead looks particularly exciting for BIOTA Holdings Ltd., because: [1] New long acting flu drug (LANI) developments progress with Sankyo Japan.
[2] Positive outcome of suit against Glaxo GSK.
[3] Expectation of vicious influenza pandemic in near future!
Today it is around A$1.50. As predicted the shares have gone up dramatically since then. Now I look forward to a much higher stock price in 2006.
Price has gone from 45 cents in July 2005 to a peak of A$2.40 in October 2005 (..though today around A$1.50). Some years back it did reach $9.00-.. and I will not be surprised in the least if it recovered that level in future. This is just my opinion, please do your own due diligence!