Leprechauns with the cheque book. I like that but my idea is a panther with a purple parker permanently precariously positioned pivotly professionally waiting for further phase two results. I say it is all too early for McPharma to talk trade currencies.
We all know how disruptive both our phase 2 products are. I used to discount everything except the acne game as this alone is a company maker. I now take on board the eczema market. It is seriously a huge area. Furthermore both conditions have not really had anything new for ages. The product Elidel, a non steroid alternative goes great guns but what of our product in eczema. phase 2 will show that. But it takes time. Like that company BIT. Many years in a shithole until their August press release. Smart money was buying up then before the past fortnights exuberance. Was it irrational. sheet no. Look at their paltry market cap for the potential. Like the dude on the white horse advertising old spice, look at them now look back at us.
A company called Hoth Therapeutics is looking to raise $11million in a nasdaq ipo. Hoth is usa based and is playing with an antibiotic called gentamicin which they hope to use as a topical formulation. Can i tell you that i think our cbd product is much more exciting that Hoth's by a country mile. But we have to wait. That's what the biotech sphere is all about.
If Matts big picture is to take BOT all the way to being a derma company, I could believe that if the phase 2's show great promise then new york will be throwing money at us to do a phase 3. Look at the board of directors of Hoth and compare them to our group. Most of the Hoth folks are office people.
About timing. Imagine trying to raise some coin now to do phase 2's ? We all know the timing was right but the manner in which you and i all got shafted by people in the know, - damn sophistiated investors - was seriously poor form. Possibly the end justifies the means. I wonder if Matt has used those words before?
As is often the case so much to like yet the sp looks utterly useless. Never forget, ten minutes can change the market.
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $707.4M |
Open | High | Low | Value | Volume |
36.5¢ | 37.0¢ | 36.0¢ | $391.8K | 1.080M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 160000 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 11013 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 423267 | 0.105 |
23 | 1189777 | 0.100 |
1 | 10111 | 0.099 |
1 | 50000 | 0.098 |
1 | 50000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 555657 | 10 |
0.115 | 560304 | 6 |
0.120 | 829451 | 14 |
0.125 | 1083838 | 12 |
0.130 | 498290 | 12 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
BOT (ASX) Chart |