BOT 1.59% 32.0¢ botanix pharmaceuticals ltd

Ann: Appendix 4C - Quarterly, page-3

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  1. 930 Posts.
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    The upshot of this 4c is that BOT were going to run out of money prior to receiving the results from the BTX1503 trial. Mismanaged and misled again and now we have a billion shares on issue.

    I was hoping for some more inciteful information about new strategies that the money was needed for but it appears that they were just going to be skint before the end of the quarter. I will reprise my strategy with this investment as Matt and crew have the credibility of used car salesmen and despite the apparent significance of their products one begins to wonder.
    Very disappointing and unless some more significant reason to continue is announced in the morning I will be thinking of jumping ship.
 
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