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Biotech / Medical : Biota
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To: A.J. Mullen who wrote (22)4/2/1998 1:22:00 PM
From: s jones  Read Replies (1) of 46
 
From the latest shareholders report there are 74million shares out todate. Biota stand to get 10% of net southern sales and 7% net from the rest of the world.
I believe they stand to make a pretty penny from their diagnostic kit which is being developed by a US firm called Biostar.

In one of the shareholder letters sent out from the company, it states that they intend to offer a loyalty dividend to shareholders in the first year of this new drug. This will mostly take up the first years royalty payments
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