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42.0¢ botanix pharmaceuticals ltd

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583 Posts.

74

04/09/24

10:52

Post #: 75521255
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Originally posted by marsman86: ↑

I think once we get an interest rate cut, we're going to see a substantial amount of liquidity enter the market and BOT will be a major beneficiary of this.

We have a product and launch occuring at the perfect time and likely to align with interest rate cuts which I personally think are coming just before or during US elections and will reverberate around the world* with other monetary orgs like RBA following suit.

Plenty of money will flow into companies but BOT represents so much value from here. I would not be surprised to see this at a billion dollar market cap within the next 1 - 3 months.

We've seen banks cut interest rates on term deposits, just this last week or so, we've seen the likes of Macquarie drop fixed rates to as low as 5.79% with other majors also reducing certain fixed rates by anywhere from 0.10 - 0.50 basis points.

As funding pressures ease, we're going to see a lot more money re-enter the markets.

Expand

Just need Libs in power. Labour has decimated this country. More so Albanese and the green movement.

Trump and Dutton for the election. If this happens, the market surges. Not only will we rally, but we will see many bulls pop up to make some money.

BOT Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

2 Great analysis

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(20min delay)
Last 42.0¢		Change 0.005(1.20%)		Mkt cap ! $760.2M

Open	High	Low	Value	Volume
40.0¢	42.0¢	40.0¢	$3.466M	8.500M

Buyers (Bids)

No.	Vol.	Price($)
2	82195	41.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.0¢	301931	9

View Market Depth

No.	Vol.	Price($)
2	82195	0.410
5	369723	0.405
19	474112	0.400
9	563648	0.395
4	326851	0.390

Price($)	Vol.	No.
0.420	301931	9
0.425	181292	6
0.430	368611	17
0.435	51271	4
0.440	228227	8

Last trade - 16.10pm 04/09/2024 (20 minute delay)

BOT (ASX) Chart