BOT 2.82% 34.5¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-9796

  1. 2,166 Posts.
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    My point is that I think as far as the market goes, demand is not proven (yet), that's why BOT isn't (yet) skyrocketing into the $'s. It's not about 'confusion', it's about certainty. You don't want to be the guy at BP suggesting buying a company for +$1b, which then doesn't produce more than $25m per year (like Qbrexza). BP want to see that the sales justify the $B price tag. Once that sweet spot is near-proven (which will take a little more time), THEN they'll come to play. Or so I believe, anyway.
    Last edited by Grainofsand: 22/08/24
 
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