Hi BOT holders, I have been doing some more thorough research on this and decided to take a 30/35% profit.
I will make a re-entry after the Phase 1b Psoriasis results get released as IMO, believe the results won't be that great.
The Comparator / control treatment is BTX 1308 Vehicle with no CBD, Betamethasone valerate (Betnovate 0.1% Ointment). I don't believe that the efficacy will be as good compared to this particular product against formulations of BTX 1308.
I do however, have great faith in BTX 1503 to treat acne and for this to be a game changer in this field. If I am correct and the result for Phase1b Psoriasis don't deliver to expectations, will pick up the stock at a huge discount as normally the share price drops off a cliff and wait for BTX 1503.
The other concern I have is that the directors and chairman over the years haven't used their own personal funds from what I can see to buy the stock. Normally there is an annoucement on the ASX to reflect this. In the past I have asked this question directly to the people working at the company and silence.
All the best BOT holders. Have enjoyed the commentary
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $707.4M |
Open | High | Low | Value | Volume |
31.5¢ | 32.5¢ | 31.0¢ | $1.169M | 3.655M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 274982 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 48600 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 22/11/2024 (20 minute delay) ? |
BOT (ASX) Chart |