BOT 5.97% 35.5¢ botanix pharmaceuticals ltd

The stock has come back onto the radar of potential investors. A...

  1. 7,374 Posts.
    lightbulb Created with Sketch. 384
    The stock has come back onto the radar of potential investors. A momentum shift maybe, time will tell.

    The original business plan for the concept was the like the ultimate design for a luxury mega mansion.

    Designed to attract only those that could afford the price - a multi national corporation with a billion dollar turnover.

    The drawings were completed and construction is now in progress.

    At some point an announcement out of left field will occur, outlining a collaborative development deal with a major player.

    The prize for interested parties, will be too great to ignore, and the risk of not having a share of the action will force their hand.

    This will not be a matter of wait until all results are confirmed - too late the entry price for a suitor will then be mega bucks. Why not enter during the development phase with a deal for exclusive distribution and fork out $20m or whatever. The payoff could be many times multiplied.

    The market size for acne treatments is predicted to be $7,000,000,000........... that is $7 billion by 2025

    So, a year or two putting the frame work in place, pails into insignificance when the end result is put into perspective.
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
35.5¢
Change
0.020(5.97%)
Mkt cap ! $707.4M
Open High Low Value Volume
33.5¢ 36.0¢ 33.3¢ $2.622M 7.530M

Buyers (Bids)

No. Vol. Price($)
5 106888 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 462320 5
View Market Depth
Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.