Step 1. Convince a company to sell it's potential blockbuster drug to you for a small upfront payment, and large royalties to be paid once the drug is approved and successful.
Step 2. Wait for that company to run out of money.
Step 3. Offer to buy the royalties from the company for almost nothing.
Step 4. Laugh
Ann: Botanix Capital Raising to Extinguish Milestone & Royalty, page-47
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Last
38.5¢ |
Change
-0.020(4.94%) |
Mkt cap ! $698.4M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.0¢ | $2.354M | 6.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 308399 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 315500 | 13 |
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| Last trade - 13.59pm 18/09/2024 (20 minute delay) ? |
| BOT (ASX) Chart |