I'm glad to see a lot of "Justme53" posts have been removed due to flaming/profanity reasons. Thanks hotcopper moderators!
Although one post (since removed), did ask the question as to why the BOT share price hasn't moved upwards in line with expectactions after several positive announcements.
Of course there are many variables impacting shareprice but one legitimate answer is that the biotech industry overall was simply getting smashed in 2022.
Excerpt: "Just look at the numbers — as of June 10, only 23 biotechs had gone public globally in 2022 versus 68 in the same period in 2021. The Nasdaq Biotech index is down by nearly 19 percent. Only a handful of biotech companies that went public last year in the U.S. are trading above their debut price."
Can click on the link below for more info.
https://www.reuters.com/legal/transactional/get-ready-biotech-market-rebound-2022-07-28/
Cheers
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $689.3M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 37.5¢ | $1.784M | 4.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 248028 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 356327 | 6 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BOT (ASX) Chart |