Their right to have moved and raised the funds for the price they did. Fellow shareholders, so often I see with young biotechs this type of thinking, people get bogged down in short-to-medium term thinking, protecting "their shareholding".
Remember, being half pregnant does not a baby make. IF you want to see BOT advance and bring multiple products, into late stage development, with the multi-billion dollar market values awaiting....don't spit the dummy now over a frankly, petty-cash level capital raising.
We are in this for the PAY-OFF....not the modest capital raising that MUST take place along the way....unless the biotech fairy has finally been found and is also prepared to stump up some "magic money".
Focus on on those multi-billion dollar markets! We are now on the only path to them and that costs some coin.
Rant Over...best to all.....
The Board are 110% Right
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Last
37.5¢ |
Change
0.015(4.17%) |
Mkt cap ! $590.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 40.0¢ | 36.5¢ | $10.56M | 27.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 75348 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 514698 | 3 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| BOT (ASX) Chart |