BOT 1.59% 32.0¢ botanix pharmaceuticals ltd

Mangement certainly ramping this company to the max which is...

  1. 675 Posts.
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    Mangement certainly ramping this company to the max which is great but why?
    No need for a capital raise at least until the the BTX 1308 Psoriasis results are out.
    Directors have skin in the game so dilution for them is a big negative which is why I was suprised they had the capital raise for BTX 1204 Dermatitis.
     
    Unlike other drug treatments for cancer etc our team can ‘see’ the results daily : the following senarios for BTX 1503  may or may not have happened in real life 

    Doctor 1 - What side effects are you experiencing?
    Patient 1 - SFA

    Doctor 2 - Hi xyx, where the hell has your acne gone?
    Patient 2 - I guess I’m not taking the placebo!

    My point here is that the results are obvious to management but they have to choose their words wisely.

    Reality Check : We have 761 million shares on issue is all relative so those looking to the $1 share price is not realistic any time soon but a longer term holders  think Cochlear

 
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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

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No. Vol. Price($)
9 274982 31.5¢
 

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32.0¢ 48600 2
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