BOT 1.59% 32.0¢ botanix pharmaceuticals ltd

just be aware of the level of dilution that has taken part over...

  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
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¢
 

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Price($) Vol. No.
32.0¢ 48600 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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