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BLT - Benitec Biopharma

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Re: BLT - Benitec Limited

Buying up just before close indicates to me that the sell off is finally over.

Are we looking at a rise in volume over coming days?
 
Re: BLT - Benitec Limited

I agree with you. The potential of this stock is enormous. I'd like to think that the dust has settled and we've got a good support at 18.5-19c. Anything below that is a good buy in my opinion.
 
Re: BLT - Benitec Limited

Large volume increase today, more buyers than sellers and an increase in share price.

Glad the selling is over
 
Re: BLT - Benitec Limited

i took the profits from SOM and put it into BLT

on at 20.5 cents today.

giving there 12 months regardless
 
Re: BLT - Benitec Limited

Where do you think they will be in 12 months? Am interested in your opinion even though purely speculation, as I have bought smallish holding and held since .07cents and have no intention of selling in short to medium term.. its just too confusing to try to catch the best time in the market, so I am keeping for long term .... far flung future is where i am looking, hopefully BLT will be on more solid ground then with good profits and stable share price


Ken said:
i took the profits from SOM and put it into BLT

on at 20.5 cents today.

giving there 12 months regardless
Click to expand...
 
Re: BLT - Benitec Limited

Yeah. I feel the same. My holding has fluctuated from $11k-65k-40k-30k all within 2 weeks. Freaking me out. If I were jumping in and out here I'd have a fortune but I'm usually at a business meeting and get an alert on my PDA and grin quietly etc... I've been holding through all this because it's volatile and I don't want to miss the next big run. I am prepared to watch it go down as I feel very confident that there's a lot more to come.

On other forums there are rumours of takeovers pending, queries about who the major holders are, apparently there is/was an ASX investigation over inappropriate release protocols (i.e. lack of proper trading halt), the selling down by Pratt is interesting, people say whitton is buying back in.... There's a lot going on and anything could come out as a release and push this back to that intra day high of 48c or more.

My plans for my holding are changing a little. I want to pull out some gains + my original capital so I can then forget about what's left in there. BUT - I genuinely feel that this has got such massive potential.

They hold 60 odd patents in 19 or so patent families. They have trials happening. They have research deals. Their new management seem really slick. If this all works out for them they could be the key to the next 20-30 years of advances in medicine. If you think big picture then you can understand why others on other forums are saying wait 'til 2010 and this stock could justifiably be $10 based on the IP position and its unique licensing ability. Apparently even though others are doing research using same/similar technology to BLT they would have to pay BLT for licence to commercialise anything in this space as BLT hold so many patents.

There's so much hinging on these trials though. Creating healthy white cells in mice is great BUT they have to get some genuine human trials before we can actually get really excited. Now reading from all their reports etc. the human trials are happening within weeks but may take 3 months - others in the know in the industry say it could be 12 months 'til something tangible is learnt from the trials.

If you believe that they have a good shot with their trials then this is a monster stock and you'd be nuts to sell anything. You'd probably be accumulating like I have. But I think no matter how confident we are that this could be crazy (valuable) you have to come back to the real world and protect yourself. Hence I've got a sell in at the moment for 30% of my stock at 26c just to pull out the original capital and some gains if we have another nice movement.

If you go off the chart and say that this last 10 days or so is an exact copy of the previous run then I'd say there's a very high probability that it's going to track back to 12-15c and stay there for weeks until something else gets announced. If that happens I'll top up big time.

You asked what I thought - that's it really. Do your own research though.
 
Re: BLT - Benitec Limited

Oh--- the other thing to consider is if they do get taken over by someone then their value will never be realised as they won't grow - they'll just get sucked into a global corporation and the IP won't give us a unique value. We'll lose out. If there is a takeover attempt perhaps we'd see a nice offer to part with our shares. Some say 50c would be reasonable but really who knows? It would be sad not to see BLT reach its potential but a takeover would still in my opinion stir up enough interest that we'd get another run out of the stock.
 
Re: BLT - Benitec Limited

This is looking interesting. SP has crossed over the short term down trend and is just above the short term up trend. Current vol isn't showing anything but could have a nice move tomorrow for a day trade if some volume comes in.
p.s. this is a 30min chart
 

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Re: BLT - Benitec Limited

BLT

now looks a game of patience.

can you hold your nerve, thats the question?
 
Re: BLT - Benitec Limited

Looks like really solid consolidation at 20c.

I've continued to accumulate at this price. Anyone else building up supplies?
 
Re: BLT - Benitec Limited

The HIV Lymphoma trials are expected to start really soon. If you're not in this stock when that happens you could be very sorry. I'm expecting the market to react well to the imminent announcement.
 
Re: BLT - Benitec Limited

Also, I know I could be kidding myself but I'd like to think this is what is about to happen with this stock -- see wedge break out formation possibility.
 

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Re: BLT - Benitec Limited

ASX Ann today

Any guesses what ANN will be?

30-01-2007 04:06 PM BLT Trading Halt
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00688535

TRADING HALT
The securities of Benitec Limited (the “Company”) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company.

Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 1 February 2007 or when the announcement is released to the market.
 
Re: BLT - Benitec Limited

bigdog said:
ASX Ann today

Any guesses what ANN will be?

30-01-2007 04:06 PM BLT Trading Halt
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00688535

TRADING HALT
The securities of Benitec Limited (the “Company”) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company.

Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 1 February 2007 or when the announcement is released to the market.
Click to expand...


dunno, takeover perhaps ??
placement ??
 
Re: BLT - Benitec Limited

We are just guessing...

I can't see it moving the price up knowing my luck.

I still hold.
 
Re: BLT - Benitec Limited

I have a massive exposure to this and I really don't want to think negative... but here we go..

Patent issues revealed in U.S. Perhaps BLT will reveal this but my understanding is that the patent issues were still being challenged - not fully handed down as a decision.

With my positive thinking hat on:

takeover efforts could be revealed.

I was expecting an announcement to confirm start date for HIV lymphoma trials. I wasn't expecting anything else to happen until after General Meeting.
 
Re: BLT - Benitec Limited

Sorry mate but I am going to be negative and say: capital raising for sure!

Heavy negative trading today suggests this.

Also note on Boardroom radio BLT noted that capital raising was due and would soon be announced.

There is a reason why BLT retraced so heavily and has not returned to higher levels.

Another capital raising of 45 million shares at 2.1 cents to raise $1 million is being voted on in the next EGM.
 
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