BOT 2.11% 34.8¢ botanix pharmaceuticals ltd

Ann: Ethics Approval for BTX 1308 Psoriasis Patient Study Secured, page-31

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  1. 4,889 Posts.
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    I like your confidence Bernsta,,, even our Insto must be thinking, the last CR killed momentum,, the market has become cautious of BOT,,, dilution could have been minamalised had they pulled the trigger at say 16c,,, but the drop back down from 18.5c to 11c was a foolish move,,,, sure BOT have plenty of cash to see them through but was poorly handled,,,, look how the SP and Volume are suffering now??? 

    Even when the Positive news starts to flow we have an Insto who needs to wash 130 million shares,, they havent sold any yet , from the last one they rinsed 5m a day for weeks and weeks,,only when they ran out did the SP climb to meet Enterprise Value... 

    I have a chunk parked here,,, so until there is a Positive announcement that involves revenue now this company is tagged for too aggressive discounted CR's,,Management actually devalued the entire venture and all recent progress.....

    Good news will be great but spectacular news will be needed to attract new investors and Cleanse out or Insto......

    I also thought BOT would have coupled themselves to the Medical Cannabis sector to ride up the global trend?? results will be key and possibly a much steadier hand on the tiller.... start calling Matt the go to kid,, cause when it comes to CR's he's the fastest draw in the west...



 
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Last
34.8¢
Change
-0.008(2.11%)
Mkt cap ! $707.4M
Open High Low Value Volume
36.0¢ 36.0¢ 34.5¢ $520.2K 1.479M

Buyers (Bids)

No. Vol. Price($)
13 352594 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 219545 7
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Last trade - 12.51pm 27/11/2024 (20 minute delay) ?
BOT (ASX) Chart
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