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BLT - Benitec Biopharma

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britishcarfreak

britishcarfreak

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I noticed these guys back at the end of November when there was a presentation from their CEO about Stem cell and T cell trials for AIDS cure. That got my attention pretty quick combined with the ramp in share price. The volume and daily trade quantity is tiny.

Snippet from AEGIS research:

"BLT is a biotechnology research and development company, involved in developing therapeutics for serious diseases. BLT has developed a technology that uses DNA directed RNA interference (ddRNAi) to trigger the natural gene silencing process. The technology has potential application in the treatment of various diseases, including cancer, HIV, hepatitis C, autoimmune disorders. R&D and clinical operations are centred in California, USA."

Could this be one to set and forget? i.e. sink a small parcel and forget about it for a while - could be a surprise... I'm taking a punt on this one.

See the chart. I've been trying to make sense of this but I'm only a beginner at analysing charts.
 

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Re: BLT - Benitec Limited - A cure for aids??

The big run up around end of october was due to positive response to an announcement about turnaround and recovery.

The news snippet of the day was :

"Mr McMahon said this variation might be greater than 15 per
cent, due primarily to the impact of:
* relocation of operations from US to Australia (July to Sep);
* significant staff reductions; and
* implementation of a low-cost operational model.
"The company has communicated to the market the Benitec team
recovery plan to build shareholder value, including a strengthening of
our relationship with CSIRO, both the Promega Inc and Tacere
Therapeutics deals and the investment support of Dr Chris Bremner in the
last two months," he said.
"The company is of the view that shareholders and the broader
market can see the results of the implementation of the turnaround plan
and that the company is on track to restore shareholder value."
I know it's old news but am trying to help set the scene for those that haven't been watching this one.
 
Re: BLT - Benitec Limited

Someone must have known about the release about 650k investment a few days before release as the stock was pushing hard a few days prior. Now that the news is out it's still moving. Another 9.8% today taking it to 9c. This is really interesting. Volume is consistently small but movement is encouraging.
 

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Re: BLT - Benitec Limited

Up 42% this morning on back of announcement of licencing technology to Pfizer.
 
Re: BLT - Benitec Limited

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:
 
Re: BLT - Benitec Limited

At one point BLTO were up 1328.57% TODAY!


Thats an amazing return for one day, or 1 year, heck even 10yrs

I hope British Car Freak held a few opies and sold and is now already at the Lambo dealership lol,

I have never really looked into Bio-meds but think they are the next boom waiting to happen, as the world gets richer, we all want to live longer and just as 3Billion Chinese/Indian/Asian people are consuming every commodity imaginable I reckon soon they'll want every type of medicine imaginable to help them live long healthy lives,

Can anyone please give a detailed fundamental analysis on this company, ie why todays ann caused such a stir
 
Re: BLT - Benitec Limited

YOUNG_TRADER said:
At one point BLTO were up 1328.57% TODAY!


Thats an amazing return for one day, or 1 year, heck even 10yrs

I hope British Car Freak held a few opies and sold and is now already at the Lambo dealership lol,

I have never really looked into Bio-meds but think they are the next boom waiting to happen, as the world gets richer, we all want to live longer and just as 3Billion Chinese/Indian/Asian people are consuming every commodity imaginable I reckon soon they'll want every type of medicine imaginable to help them live long healthy lives,

Can anyone please give a detailed fundamental analysis on this company, ie why todays ann caused such a stir
Click to expand...

could well be another biotech boom soon, but if your into technical investing (short term / day trading) this has good potential, when it hits the media tomorrow it will gain futher support and 50 cps would be on the cards
 
Re: BLT - Benitec Limited

MalteseBull said:
could well be another biotech boom soon, but if your into technical investing (short term / day trading) this has good potential, when it hits the media tomorrow it will gain futher support and 50 cps would be on the cards
Click to expand...
MB, again, please stop quoting price targets with no substance. Thanks, kennas
 
Re: BLT - Benitec Limited

What are the thoughts on the effect when actual financial details are released. Are they just ramping up a small deal?
 
Re: BLT - Benitec Limited

hitmanlam said:
All i can say is OUCH to the guy that bought it at 0.48.
Click to expand...
I bet he wished he had bought some Bacon Lettuce Tomatoe instead, rather than taking a Big Loss Today !
 
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