They recently raised 40m at a significant premium to the current mc, that was not done out of generosity- they knew precisely what the company was worth at that point in time. The p2 news did NOT adversely affect that. Market has fallen over in its valuation here due to emotional response from retail, it will return to mean. In the meantime, the stock is on special, hence why fundies are accumulating
Ann: BTX 1503 Acne Phase 2 Study Results Presentation, page-508
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Last
34.5¢ |
Change
0.015(4.55%) |
Mkt cap ! $624.4M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 35.0¢ | 32.3¢ | $2.184M | 6.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 38963 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 34769 | 1 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |