Australian (ASX) Stock Market Forum

BLT - Benitec Biopharma

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Re: BLT - Benitec Limited

Its a good sign that BLT SP didn't fall on the good announcement as some stocks are doing regardless of whether news is good or bad. Nothing much makes sense there anymore. WEB had fab profit increase & SP is falling !?

Yes I think BLT will come into its own soon and will give the other biotechs a kick up as well. If one in the sector starts to score the ripple effect is felt...

Best wishes to all


Mr Peaman said:
Guess the share price last week had something to do with the License deal announcement today. Should see a rise in the next few weeks IMO Good Luck to all who hold:)
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Re: BLT - Benitec Limited

Now in a trading holt pending an announcement by the company to the ASX for release to the market. Expected on Monday 21 st of April to allow for time to prepare the announcement, relating to the US patent re examination. The document they are reviewing has been recieved from the US PATENTS and TRADEMARKS office and is a non final office action on application 90/007, 247.
For those who wish to check the release is on the ASX website under company announcements for the 16 th of April 2008.

Lets hope it is a positive announcment that comes out on Monday the 21 st April for all of those that hold shares.

currently holding BLT
do your own research
 
BLT

The currently trading halt could be good news.. the odds seem that the reexamination must be more postive than negative noting the timeframe of the suspension..

thougths.
 
Re: BLT - Benitec Limited

If that is a positive announcment, why they need to get a legal advise.
Anyway, I think it will re-open today....good luck!:confused:
 
Re: BLT - Benitec Limited

Because these guys deal in intellectual property, which has a strong legal protection regime.

Up about 10% today is the test..
 
Re: BLT - Benitec Limited

very interesting PR to-day. Nucleonics has pursued BLT since 2004 over its patents in various Court actions in the USA. Nucleonics lost at the District Court and again on appeal to the Federal Court of Appeals. They still have the option of appealing to the Supreme Court but this Court will only entertain cases of great legal significance. So BLT may be out of the legal thicket it has been ensnared in four the last four years. At 12 cents they are cheap as chips ( market cap is A$35,000,000). good luck to all longs
 
Re: BLT - Benitec Limited

At 12 cents they are cheap as chips....
but as usual, she can't hold the gain again.....................:(
 
Re: BLT - Benitec Limited

The market is fixated on the struggle between Nucleonics and BLT and the fate of the 009 patent. There is some very dramatic stuff going on at City of Hope Hospital in California. BLT has attracted some very hi profile medical folk to their Science Advisory Board which includes Dr John Rossi who is a world renowned medical man. He is on the BLT Board because of the very evolutionary nature of the BLT technology. Dr Rossi is running a HIV/AIDS lymphoma trial for BLT which started mid to late 2007 and he recently made some public announcements where he was very positive about this very early work with the BLT technology.

He is saying that the technology works, that the gene silencing approach using stem cells is "a powerful mechanism" and "HIV is a highly susceptible target" (see his comments of March 31st) NOW this is very early days for BLT and no-one seems to be paying attention to the news but i can assure u that a lot of big pharmas are watching this stuff, especially if someone of the caiber of Dr rossi makes the statement.

The stock price action has been extremely sloppy and actually fell after the announcement, but this may simply be due to the lackluster market for small biotechs. good luck to all longs
 
Re: BLT - Benitec Limited

Sydneysider: So you are saying that BLT is still a good business prospect regardless of what happens to this particular patent issue although that would be a clincher if it finally was resolved to BLT's satisfaction. I guess it all amounts to the probabilities of forseeable profit in the balance sheet : that's what the market is looking at I would think, rather than the science.
 
Re: BLT - Benitec Limited

vida said:
Sydneysider: So you are saying that BLT is still a good business prospect regardless of what happens to this particular patent issue although that would be a clincher if it finally was resolved to BLT's satisfaction. I guess it all amounts to the probabilities of forseeable profit in the balance sheet : that's what the market is looking at I would think, rather than the science.
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I suspect that they have a very good shot at getting value out of their business model. The new announcement this morning which gives them a new batch of patents to work with is indicative where this may be heading. The technical picture looks quite healthy, over the last four months it is +75 million shares.
 
Re: BLT - Benitec Limited

Tacere's recent agreement with Pfizer sent BLT up to 30 cents and then the stock collapsed again, weighed down by the patent review at the USPTO of Graham 099. The Pfizer agreement relates to TT-033 a Hepatitus C Virus Compound that BLT acquired when it bought Avocel in 2004 and I think that this is in no way related to the patent dispute with Nucleonics. I am looking into this. I do not think that Pfizer would sign onto $145 million in milestone payments to a compound that had no IP value.

IF my comments are correct then BLT should also be entitled to a revenue stream during milestone payments and additional roylaties if and when a succesful drug is developed. More about this later.
 
Re: BLT - Benitec Limited

sydneysider said:
Tacere's recent agreement with Pfizer sent BLT up to 30 cents and then the stock collapsed again, weighed down by the patent review at the USPTO of Graham 099...
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Now, I don't know the history of Benitec's patent disputes, but I gather from their recent ASX announcement that they've finally won the battle. (at least, in the UK theatre of operations).

Market underwhelmed.

But given the gloomy climate, may we hope for a surge of interest if/when the Euro clouds lift?


Discl: holding BLT & BLTO
 
Gringotts Bank said:
Understatement. Could have nearly doubled my $. :banghead:
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You may have missed that chance, GB, but it may be this pony has a bit more of a trot in its legs yet.

BLT_12MnthsTo21Oct2013.gif

Volume building, oppies (BLTOB, strike 10c, expires end 2013 - only 2 months) moving. Going nuts.

Biotech frenzy, South Sea bubble, smart money seeing the main chance, or leaky boat? :confused:

Dunno.

I hold, dazed.
 
Purple XS2 said:
You may have missed that chance, GB, but it may be this pony has a bit more of a trot in its legs yet.

View attachment 54837

Volume building, oppies (BLTOB, strike 10c, expires end 2013 - only 2 months) moving. Going nuts.

Biotech frenzy, South Sea bubble, smart money seeing the main chance, or leaky boat? :confused:

Dunno.

I hold, dazed.
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Hi Purple XS2,

Like you, I have the habit of occasionally putting up a chart (of a stock) that is on a good run, only for it to reverse within the next day or two:(. In this case the stock went down and bottomed out on the 2nd Dec @ 44.5 cents. Todays action saw it hit 80c before falling to close at 73.5c. Did you buy more when the price dropped or did you sell them?

Regards
PB
 
piggybank said:
Hi Purple XS2,
.... Did you buy more when the price dropped or did you sell them?
...
Regards
PB
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Sold most when pain threshold reached at mid 0.50's.

Was buying back in at mid 60's. This time I might manage to retain a bit of profit.

P.
 
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