BOT 1.59% 32.0¢ botanix pharmaceuticals ltd

Hi BOT holders, I have been doing some more thorough research on...

  1. 102 Posts.
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    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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