I think that is a good analysis RNClarke
If we are totally honest, until efficacy is shown, it remains extremely high risk. In addition, there will probably be a few month vacuum of significant information now.
Once proven, then the sky is the limit. But a good 3 or so months until this happens.
Unfortunately I have 'fallen in love with the company', which for someone who is predominantly a trader is a no no. I would normally have traded this myself, so don't blame those who have.
Still...even then I honestly would have expected the 5.5c price level to hold, but there you go.
Milesy
Ann: Botanix Commences BTX 1503 Acne Patient Study, page-34
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $669.7M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 36.0¢ | $3.051M | 8.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 465836 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 301865 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BOT (ASX) Chart |