BOT 4.48% 35.0¢ botanix pharmaceuticals ltd

Ann: Ethics Approval for Phase 2 Atopic Dermatitis Study Received, page-20

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  1. 183 Posts.
    lightbulb Created with Sketch. 92
    Maybe. Who knows? If you have seen the movie 'The Big Short' you'll recognize this quote:

    'It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. – Mark Twain

    I 'm just a fool like everyone else, foolishly thinking that this is a great opportunity to buy.

    What I think I know is that to have statistically significant data extracted to allow for confirmation of the trials endpoints and sufficient to inform the selling of the most privileged holders - Matt himself - you'd need to run it through about 3/4 of participants.
    Why spend millions and take more than a year when you can be so sure to fire-sale it in a quarter?

    I just wish I had more $$$ to buy more.
 
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