BOT 1.41% 35.0¢ botanix pharmaceuticals ltd

Ann: Results of Meeting, page-5

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  1. 183 Posts.
    lightbulb Created with Sketch. 92
    The point has been made a few times now, once more, here is the sting:

    -The latest CR was disclosed early to the instos and sophs - which happen to be the holders from the first CR @5.5c
    -At the time of disclosure the sp was ranging between 16c to 19c, instos and sophs started to sell knowing that they'd be buying @11c - a percentage difference of over 60%.
    -The current sp is a decrease of 30% on the 11c CR.

    Yes, if the above is correct, they are doing just fine.....Capisce?
    Last edited by vitruvius: 19/11/18
 
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