BOT 0.72% 34.8¢ botanix pharmaceuticals ltd

Bot Chart, page-13549

  1. 5,227 Posts.
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    Mate, I really enjoy reading your post.

    Hey, so we all thought that Bot was going to hit 60c after FDA announcement (at least I did) but it only got to 40c, which is understandable I guess, we weren't expecting a CR for $70m.

    What I think is brilliant, is just about every share I own that's either had FDA approval or done a major CR, they've all free-fallen on their high in the first two weeks and some keep on falling. PAA, LDX, CYC, and then there's TLX which just keeps on climbing.

    Bot I reckon is going to be another TLX. Six years ago TLX was trading under 50c, now 6-years later it's trading at $18 dollars and doesn't look like stopping.
    Yeah, Bot has fallen about 15% on the high of 40c, but honestly, I thought it would be a lot worse than that, especially after the CR.

    Bot Management team really has strategically placed their chess pieces to maximize the FDA hold-up. I'm pretty excited to (or can't wait) hear how everything falls into place once they start making sales.

    I bet if I went back to the 2018 HC TLX thread, there would be so many jokers, saying how TLX is rubbish and $2-$5 is dreaming.

    I honestly think I'll still own all my Bot shares in 6-years time, so hears too, dreams may come true.

    Last edited by aaragon: 29/06/24
 
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