BOT botanix pharmaceuticals ltd

Ann: Botanix $40 Million Capital Raising for Sofdra Rollout, page-294

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    They have never wanted to settle for anything less than a least 5 per cent but just like the initial sales coming through, surprises should occur. Seven hundred million aussie market cap. Ridiculous for even year one figures however it is what it is.Once people realise that this will barely be affected by the tariff exercise then they will appreciate free cash flow. At that point, management may look at the other options but all focus should be on Sofdra at least till Thanksgiving.
 
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