BOT 16.9% 38.0¢ botanix pharmaceuticals ltd

Bot Chart, page-6081

  1. 15,266 Posts.
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    When you've been around for a while you get a feel about the company. The raise was rushed for a reason but the question remains whether they had the ability to raise at 15 in the first place. Some said let it run let it run. I think or rather know reading a few here that the raise was screwed but was the raise price screwed? Playing devils advocate, punters werent keen supporting the previous raise but Vinnie flogged off a lot at 6.1 which could have meant that they did not envisage the sp getting to 12 recently and as such started planning earlier in the 6to8 range. They knew they had to raise some coin but in my opinion we are basically looking at the bird in the hand compared to the bird in the bush. They know big money rules and us minnows just get a right royal righteous rightontime ripping real rectal examination as always. So taking a 9 opportunity that some brokers put to them...in this market....was what they took as the bird in the hand with tough economic times.


    Punters in at 9 are simply selling for a jackall profit.

    But the positives still remain. I wasnt selling even if it hit 18 recently, was anyone else whose LT?

    No you wouldt have because its all about a September to remember. Sure the saying has been used before, but for BOT, it really is the billion dollar question. As some have opined here before. FDA approval is our next big thing even though they may tinker with rosacea before acne but bucks are needed there.

    We all know its worth a lot more than 18 after a TGA approval so what does all of this really matter to LTs and VLTs. Very much eff all.

    Dont look at SP if it makes you sad. Look at some porn or get into HC Humor forum. Have a long liquid lunch as I have had and the bigger pucture comes to mind. Then again it cpuld be the magnifying glasses.
 
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