BOT 1.32% 38.5¢ botanix pharmaceuticals ltd

Ann: Trading Halt, page-112

  1. 4,723 Posts.
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    Will be a bit all over the shop for a week or two.

    Remember the shares haven't been issued as yet. Wait for the 3b. The share may predominantly be in strong hands, but many will be selling now having been assured of an allocation at 5.5c.

    But obviously strong demand is keeping the dip from going too low as the supply is mopped up.

    The real fun will start with the trials and news of developments to do with Permetrex.

    Cash not a problem now for a few years, so if the trials progress to plan and revenue starts to flow from possibly numerous other products, these prices will seem ultra cheap.

    Milesy
 
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