BOT 2.82% 34.5¢ botanix pharmaceuticals ltd

BOT, page-23

  1. 4,889 Posts.
    lightbulb Created with Sketch. 768
    just be aware of the level of dilution that has taken part over the past 16 months,
    CR 1 97m shares @5.5c raised $5m
    CR 2 36m shares @5.5c raised $2m
    Cr 3 135m shares @11c raised $15m
    CR 4 72m shares @ 11c raised $8m

    when the Share pool has been increased climbing back to historical highs becomes more difficult and should not be expected .....
    I've seen plenty of company's that haven't recovered to historical highs due to the level of dilution..
    I can see BOT climbing back to 10c on good news but any climb beyond 12c will be a looooong way off IMHO... our insto hasn't even had the chance to rinse a single share yet.... they will be growing impatient,, or their shareholders will.... They certainly wont be a go to in the future,,, so shareholders may be the next go to for funds...
 
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Last
34.5¢
Change
-0.010(2.82%)
Mkt cap ! $707.4M
Open High Low Value Volume
36.0¢ 36.0¢ 34.0¢ $812.9K 2.326M

Buyers (Bids)

No. Vol. Price($)
2 6740 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.5¢ 5701 3
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Last trade - 15.59pm 27/11/2024 (20 minute delay) ?
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