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BLT - Benitec Biopharma

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Re: BLT - Benitec Limited

britishcarfreak said:
Yes I saw that too but the volume has been very low lately and I didn't read too much into it. What did surprise me was the 30odd% jump in the BLTOA's mid last week. But again the volume was too low for me to read much into it.
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Yer,
Volumns have been all over the place and since it has been very small of late was suggesting to me that peolpe were selling through frustration, as Adobee explained, thats why i wanted to jump in @ 10c. to me it represented good value while the numbers were down.
 
Re: BLT - Benitec Limited

Benitec wins crucial court judgement in US Federal Court of Appeals

Second US court supports Benitec gene-silencing intellectual property

23 July 2007, Melbourne, Australia: Benitec Limited (ASX:BLT) has been advised that the US Federal Circuit has issued its decision in the Benitec v. Nucleonics appeal, affirming the initial US District Court decision to dismiss the Nucleonics’ challenge for lack of subject matter jurisdiction.
 
Re: BLT - Benitec Limited

Yea this is simply excellent!! I am so glad I trusted BLT enough to buy back in recently. I thought it was going to take much more time to settle the litigation but it really has been going for many years already, it had to end and it did FANTASTIC!!! Also I believe the USPTO and the litigation were involved in disputing similar issues, so now this court win will lead the way for the USPTO to relinquish its challenges to the patent claims. Yipee and congratulations to all the shareholders and kudos to the patience shown.
 
Re: BLT - Benitec Limited

Indeed. I too hope that the USPTO challenge will follow suit. This may not be the case but it appears that things are progressing well enough. The Graham patent will need to stand to be really valuable to us.

I don't fully understand it but it seems that Nucleonics may now need to licence IP from benitec and hence we may see some revenue flows at some point regarding this court decision.

I hope we can see a new base form at 15c (rather than 11/10c) but realistically feel that this stock will falter back to 12/13c over the next few months and then spike again when the aids trial gets some news out. Unfortunately I think today represented a good chance to jump ship and come back later... but timing these events is very hard - hence my choice to stay on board since Nov 06 despite spikes. I've adjusted my position a number of times though. The last few weeks represented a great time to get in or accumulate.

Tomorrow will be interesting... I hope we see a strong close for the day.
 
Re: BLT - Benitec Limited

Sold this one a couple of years ago at 1.30 and watched it dwindle with all the court proceedings. This ann is a major milestone so we could see it go ahead again now this suit is out of the way.

They have had cash issues and were one of the biotechs likely to go under not so long ago.

Still speculative (as are many bios) but there's not a lot of bottom side given the recent floor of .11

Still holding waiting on some decent results from testing.

IMO the market it looking for something other than resources and biotech has been a target.
 
Re: BLT - Benitec Limited

wow, the market is crashing today according to the newspapers. The Dow Jones dived and we are going to be smacked into submission too. Is anyone selling BTL to escape the plunge? I think I will just close my eyes and ignore it all and things will recover in due course. Isn't it better not to get caught up in it all or is that being foolish? I don't know what to expect today ouch !
 
Re: BLT - Benitec Limited

I might buy more - this is a blip that will let you buy BLT cheaply. As long as there's enough good new coming to help drive price back up. There will be.
 
Re: BLT - Benitec Limited

Exactly right Carfreak! As Warren Buffet says, never sell, if the market plunges just buy more - I would if I had the funds to spare, but I don't want to risk any more - As well WB did not buy specs, only companies that that had a strong product, business & balance sheet in profit. We are flying in the face of his logical rationale but in my case, only with a small portion of p/folio
 
Re: BLT - Benitec Limited

Important support levels being tested last couple of days @13ish cents for this med speck. Recently won court battle so I would be expecting more positive anouncements ahead so hopefully has found bottom. Good signs ahead imo and one to watch if haven't bought already.

SGB
 
Re: BLT - Benitec Limited

Nice investment update being delivered today to give us an overall summary of the companys goal and objectives. Good to see some fresh faces with new ideas for better outcomes. Even the presentation was something we have not seen which shows they are willing to make a change for the difference already.

"We are committed to restoring shareholder value and communicating our progress in achieving that goal to our shareholders and the wider investment community."

Very important for investor relations, hope they live up to it.

"Our first HIV human clinical trial in collaboration with City of Hope, a biomedical research and treatment centerlocated just outside Los Angeles, has begun"

Good signs ahead.

"As I said earlier, this re-building is a work in progress and you will receive regular progress reports":dance:

Cheers
SGB
 
Re: BLT - Benitec Limited

ann out today.
us courts denies nucleonics petition.
this is a very good news for blt.
sp up 13% now.
nice start of the day.
good luck all holders
 
Re: BLT - Benitec Limited

Great news Koala ! However Nucleonics can still appeal and they just might.

I guess that possibility kept the SP from moving ever higher today
 
Re: BLT - Benitec Limited

what the heck....
really strong buyers queueing
10 2.5 M
10.5 1.2 M
11 1 M

sellers so thin.... but sp never goes up?
jeez.. i think even the news of road trip or winning court still means nothing for the market.
when is 1+1 = 2 again ????
 
Re: BLT - Benitec Limited

I’ve been studying the charts on this one for quite a while now to try and find something worthwhile to keep me interested in this stock. Fundamentals look encouraging and although announcements can be enlightening one still must stay vigilant to everything one reads.
Although stagnate price movement in the daily price chart has been apparent within the last couple of months, bouncing between 10c and 13c, there is a Invert Head and Shoulders pattern occurring in the Monthly chart.
What does this mean?
Possibilities are:
* Alertness to increases in volume between 18c to 22c.
* Heavy resistance between the neckline of 18c to 22c.
* Being a Monthly chart could take months to form new trend. New support @ 22c
* Invert Head and Shoulders broken down @ 3c

Good look with this one.

SGB
 

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Re: BLT - Benitec Limited


Thanks SGB for the chart and your review.
Maybe we have to be more patient with this.
Hopefully the roadshow / presentation will help for new investor to jump in.
Regards.
 
Re: BLT - Benitec Limited

powerkoala said:
Thanks SGB for the chart and your review.
Maybe we have to be more patient with this.
Hopefully the roadshow / presentation will help for new investor to jump in.
Regards.
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Your welcome P_K,

As we all know with med speck stocks they can all of a sudden take off with some positive news. If this is the case with the roadshow, the breakout alert will be to pass 22c, and then its equally important to hold it.

Watching with u P_K.

SGB
 
Re: BLT - Benitec Limited

A couple of big buyers comming in late today.

15:44:21 0.1150 158,800 18,262.00 XT
15:38:51 0.1150 341,200 39,238.00 XT
15:38:51 0.1150 341,200 39,238.00 XT
 
Re: BLT - Benitec Limited

SGB said:
A couple of big buyers comming in late today.

15:44:21 0.1150 158,800 18,262.00 XT
15:38:51 0.1150 341,200 39,238.00 XT
15:38:51 0.1150 341,200 39,238.00 XT
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another strong buyers today.
trying to break 13c resistances.
looks like the road show saga continues.
now flying to US.
hopefully they will find some value in BLT now.
we will watch this closely vida and sgb
cheers
 
Re: BLT - Benitec Limited

powerkoala said:
another strong buyers today.
trying to break 13c resistances.
looks like the road show saga continues.
now flying to US.
hopefully they will find some value in BLT now.
we will watch this closely vida and sgb
cheers
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Koala, these are cross trades. I don't think that is a positive indication. Completely neutral. No interest in this market for biotech.. put these in the drawer as I have done for the next few years.
 
Re: BLT - Benitec Limited

does anyone knows when the USPTO reexamination will be out?
we knew that it was summited on august. any idea ?
 
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