BOT 1.37% 36.0¢ botanix pharmaceuticals ltd

Ann: Botanix Presents at Fall Clinical Dermatology Conference, page-157

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    If I redid my calculations, allowing for the probabilities of success in the various phases, tweaking them moderately for topical application, and what the company can expect to be flogged for with a successful Phase 2, I reckon maybe 60 cents, so I think Death Star is a bit low and any self-respecting venture capitalist having done his sums would buy up to the 15-20 cents range and give the (present) board and Wasps a fright.
 
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