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42.3¢ botanix pharmaceuticals ltd

Ann: Botanix Partners with Telehealth Provider UpScriptHealth, page-10

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TheAnalyst007

16,284 Posts.

4326

24/10/23

12:36

Post #: 70504264
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Originally posted by Grainofsand: ↑

I think news like this will help us continue to hold around this level, but I don't expect much in the way of SP climbing until we start getting a bit closer to the revised approval date. I expect we'll languish around 12-13c until the new year, perhaps even drop into the 11c range, but simply because the fundamentals aren't going to change much for BOT between now and closer to approval (i.e. no significant income). An uptick in royalty revenue will help the price, but again, I'm not expecting huge things. But this ongoing nonsense elsewhere of it dropping to 10c and lower, is clearly just fearmongering and has no actual basis other than a penis-measuring, head-up-your-own-arse, need for attention from some.

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Agreed mate. I don't really care what the price does between now and approval, as long as the company continues to progress that's all that matters. Plenty of quality companies having their prices smashed lately for no reason other than a pessimistic market, so it's pretty obvious that price movements are random, irrational and unpredictable

However when approval comes and the sales explode, I doubt prices will be able to remain in the cents for long!
8 Upvote

3 Great analysis

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(20min delay)
Last 42.3¢		Change -0.003(0.59%)		Mkt cap ! $752.8M

Open	High	Low	Value	Volume
43.0¢	43.3¢	41.5¢	$1.779M	4.199M

Buyers (Bids)

No.	Vol.	Price($)
16	137502	42.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	378214	17

View Market Depth

No.	Vol.	Price($)
15	137449	0.420
31	678649	0.415
15	751690	0.410
16	814906	0.405
23	1682579	0.400

Price($)	Vol.	No.
0.425	378214	17
0.430	866256	9
0.435	432946	10
0.440	473060	10
0.445	346589	9

Last trade - 15.50pm 12/09/2024 (20 minute delay)

BOT (ASX) Chart