BOT 2.41% 40.5¢ botanix pharmaceuticals ltd

Ann: Botanix $70 Million Institutional Capital Raising, page-166

  1. 1,399 Posts.
    lightbulb Created with Sketch. 297
    In simpleton terms, idiots were calling it priced in at 28.

    if that was the case. Why is it now at sitting near 40 AFTER a $70m raise at 30c.

    Actual approval was never priced in. It is just irrational to suggest it was. And has been borne out by post approval action.
 
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