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BLT - Benitec Biopharma

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Re: BLT - Benitec Limited

Dhukka.....good points.....I wonder if SLA and BLT shouldn't merge and kill the markets.......I like both of these......but SLA has the results and will begin production soon.

Damn I diddn't mean to RAMP/mention SLA as I'm trying to get more at a lower price......:)
 
Re: BLT - Benitec Limited

I would like to add some extra information:

This is only a research licence that Pzfizer have bought at this stage, if the research goes well they may decide to go further and buy a licence, which would mean significant profits to BLT.

BLT is also about to capital raise, according to "Boardroom Radio" interview launched today.

That said BLT is in an awesome position to call the shots!

I am not going to speculate on share prices, but we may be talking millions here, possibly even into the billions over the longer term.

(Pzfizer is one of the biggest drug compaines in the world, so we are not talking about chicken feed).

A 229% share prise rise today and massive trading activity is a sure sign of what might be ahead
 
Re: BLT - Benitec Limited

hitmanlam said:
All i can say is OUCH to the guy that bought it at 0.48.
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No way OUCH at .48,ever heard of expotential growth.I've held since .028 and wouldn't consider selling for less than $5.00.Congrat's to all holders
 
Re: BLT - Benitec Limited

Freak by name - freak by nature ??? I'm freaking out right now.

I'm on holiday - just got back to motel and logged in on laptop - Jesus!

To those that asked - yes I'm holding - have 140,000 of them at 8.9c average entry. from $10k-$40k today :)

I'm taking a drive along the great ocean road on Monday. Starting to think I should sit in the motel instead and watch the action.

I had a big hunch something was going on as there was some significant movement over the previous 4-5 days.

This is the biggest movement I've ever had in trading and am really unsure now as to what to do. This has taken my whole portfolio from $40k to $75k and I'd love to close out but this looks like it could go harder again. Anyone have any thoughts on a strategy??
 
Re: BLT - Benitec Limited

BCF:
At the risk of pointing out the obvious, a few strategies might be:

1) Sell $10,000 worth at the open (your intial investment) and let the rest
free run
2) Let them all run and accept whatever happens
3) Set up a series of staggered stop losses (parachutes) should things go
wrong
4) Set up a series of staggered sells to catch any "excited overbuying"

Have fun
 
Re: BLT - Benitec Limited

pacer said:
Dhukka.....good points.....I wonder if SLA and BLT shouldn't merge and kill the markets.......I like both of these......but SLA has the results and will begin production soon.

Damn I diddn't mean to RAMP/mention SLA as I'm trying to get more at a lower price......:)
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Pacer I was under the impression that there was to be more data re: the Swinburne trials coming out in Dec for SLA?
 
Re: BLT - Benitec Limited

Stop_the_clock said:
I am not going to speculate on share prices,
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OK

Stop_the_clock said:
A 229% share prise rise today and massive trading activity is a sure sign of what might be ahead
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What do you call this then?

You have to ask yourself if the revenues are significant from this deal why not announce them? Confidentiality perhaps? Obviously if BLT are going to go ahead and raise capital the revenues can't be that significant at least not significant enough to fund their operations. Since April 2006 BLT effectively cut $7m in costs out of their business structure so it would be interesting to get a comment on whether they expect to be close to break even or posting a profit in FY07 or FY08. They already have similar deals with Merck and Prgoen generating a small amount of revenue.

At the moment it seems you're still paying for potential earnings and not money in the bank. However having names like Pfizer, Merck and Progen are all solid endorsements of BLT's technology and is going to make it a lot easier to raise capital. On balance BLT has to be one of the most promising biotechs in Australia. Congrats to all those who have hung in there and made some good profits.
 
Re: BLT - Benitec Limited

And how promising?

This 5 yr chart puts Friday's price rise into perspective. Nice potential if history can repeat itself, fair value or not. Mind you, the old HIV doesn't seem so scary today compared to 3 yrs ago, which might defuse the speculator rocket somewhat.

Lets just hope it crashes on Monday so we can all buy some for 5c, then it shoots up back over a dollar on Tuesday and...and...(dream on Moses!! :eek: )

Also...

http://www.benitec.com/PRDownloads/merck-deal.pdf
 

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Re: BLT - Benitec Limited

moses said:
And how promising?

Lets just hope it crashes on Monday so we can all buy some for 5c, then it shoots up back over a dollar on Tuesday
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Think you have got your days the wrong way round :rolleyes:

I am expecting quite an open this morning
 
Re: BLT - Benitec Limited

Stop_the_clock said:
Think you have got your days the wrong way round :rolleyes:

I am expecting quite an open this morning
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forget about stopping the clock you need to wind it back :D
 
Re: BLT - Benitec Limited

Just turned bullish...purged sell orders now mean more buyers than sellers. ;)
 
Re: BLT - Benitec Limited

Yea you missed a good punt, and I missed a good profit !! Have held the stock for a while and did not sell yet... still in profit but should I keep holding or sell tomorrow? How does one decide? I was going to keep it for a year or so until it spiked so fast and then its hard to break with the original plan.. so didn't. Will see how it goes, up and down I guess for a while....

Bullion said:
Ummm.... when is this going to stop?

I have sat here watching it since 16c... thinking, I might give it a punt. Then waited to see how it went. Kept thinking, is it too late? is it too late? :banghead:


Wow.... now it just hit 30c.... :banghead:



32.5c..... :eek:


37c.... :eek:
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Re: BLT - Benitec Limited

reece55 said:
SevenFX
Not entirely true .... as long as the share price climbs up, everyone could be winning.....
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Hi There Reece,

I have to disagree with you disagreeing with me. :D

I haven't yet seen a share climb indefinetly, but would love to find one so I can put plenty of money on it, go away on holidays and come back gauranteed richer still.

Seriuosly though for every rise (price action) there is a fall (price reaction) which generally occurs whether your view is macro or micro.

Even for a share where there is no price reaction intraday for a number of days, there will be units of time that have to pass (where share trends sideways or down) b4 share rises again.

Price reaction, retracements is usally where someone looses money or profit, hence where someelse buys oppurtunity. IMO

Cheers
SevenFX
 
Re: BLT - Benitec Limited

richdad said:
blt is back on the rise fast
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Not so fast today, but its doing ok. I will keep my little holding and see it all unfolding over the next days weeks months and happy it will make me.
 
Re: BLT - Benitec Limited

Negligible volume on this stock now. Back to how it was before the release. Although before the release there were consistently only about 10 sellers - now there's 101!

I wonder how many people are holding and waiting out for the HIV test results?? With people tiring of the stock if they were hoping for a return to 29.5c I think it could well slowly drop off quite a lot over the next few months - say down to 13-15c - that would probably be a good time to get in.

Shame! I'm planning on buying a new car and could have done with cashing in those shares at 29.5c :banghead:

I'm holding - for the immediate future - probably 6 months or so to see where it can go.

Anyone else still holding and care to comment on their forecasts for direction over the next few weeks?
 
Re: BLT - Benitec Limited

I am holding indefinitely. I wish, of course, I had sold when stock was over .40cents but I saw it happen and went out to lunch ;-)) then it was all over when I returned, although 29c to 30c also would have made & good sell.

As you are, I am trusting they will do much better in the future. I have had similar experience with CMP. I bought at .70 cents, then as they went downhill I simply accumulated whenever they went lower. Now they are up again and I am now showing 100% profit on CMP holding.

I always remember Warren Buffet's advice. If you think a company is worth investing in, then invest and do not sell, just accumulate at bargain prices when possible.

Of course, Mr Buffet was not a day trader and neither do I intend to be.

britishcarfreak said:
Negligible volume on this stock now. Back to how it was before the release. Although before the release there were consistently only about 10 sellers - now there's 101!

I wonder how many people are holding and waiting out for the HIV test results?? With people tiring of the stock if they were hoping for a return to 29.5c I think it could well slowly drop off quite a lot over the next few months - say down to 13-15c - that would probably be a good time to get in.

Shame! I'm planning on buying a new car and could have done with cashing in those shares at 29.5c :banghead:

I'm holding - for the immediate future - probably 6 months or so to see where it can go.

Anyone else still holding and care to comment on their forecasts for direction over the next few weeks?
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Re: BLT - Benitec Limited

Trading in a very tight range now, which way will it go?

Consolidation appears to have finished, volume has also decreased.

Hopefully she goes up!
 

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Re: BLT - Benitec Limited

That formation is really similar to what I first posted when I found them in Nov. I'm still holding - in fact I topped up at 19c. Should have waited until today but.,...\

On Sharescene there's a theory that a takeover offer could be put forward very soon. Based on an observation that a significant holder should have emerged out of last weeks craziness.

I'm gambling on my gains and accumulating when I can. If these guys get it together the current share price will be seen as a bargain in the near future.

Do your own research.
 
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