BOT 4.17% 37.5¢ botanix pharmaceuticals ltd

Bot Chart, page-1409

  1. 882 Posts.
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    You're an absolute clown and if you want to debate put some effort into it.

    Okay so here is the volume and adjusted close from 20/06/19 until 6/08/19. Total shares traded between .17c to .26.5c with a high of 29c is 264,782,092. Highest volume days in that period are in the mid 20s...

    https://hotcopper.com.au/data/attachments/1676/1676831-0315b2c113430fb55bd9039ff13a0cbc.jpg


    Before this raise there was approx. 47m options and a total of 774m shares outstanding. Of this top 10 holders equate to around 200 million shares which I'm guessing most will be held for a long time. So this shows that a load of retail investors and brokers shares have changes hands in the 20s building a good base for the next leg up. Only natural that the price drops after CRs like it does time and time again on any stock.

    https://hotcopper.com.au/data/attachments/1676/1676840-81bf5b2c23798c785257f2651b54a3c7.jpg

    Raising $40m is no easy feat and they pulled it off well with majority of biotech investors in the US that would know their SH*T and would not invest that amount if they didn't think the upcoming results are going to be stellar. Luckily the company did human trials for phase 1 which ultimately de-riskes phase 2 comparative to other companies using animals for phase 1
 
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Last
37.5¢
Change
0.015(4.17%)
Mkt cap ! $590.6M
Open High Low Value Volume
36.5¢ 40.0¢ 36.5¢ $10.56M 27.45M

Buyers (Bids)

No. Vol. Price($)
7 75348 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 514698 3
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
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