BOT 0.00% 32.5¢ botanix pharmaceuticals ltd

Ann: Becoming a substantial holder , page-11

  1. 7,746 Posts.
    No I dont hold shares but im very positive on the patents and the future. I think LJ are helping fund the company but more importantly they are selling shares which makes it easier to buy.

    LJ dont ever hold shares. They are like Bergen or Springtree if you are familiar?

    Basically the give the company $100k and the company give the cheap shares. They sell the shares and make 15% overnight. They use THE SAME $100k next month. So the need to sell promptly and just make an easy and risk free $15k.

    They are also limited to 19.9%, so if they didn't sell ANY in 2month period they would go above 20% and breach the agreement. So they are forced to sell.
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
32.5¢
Change
0.000(0.00%)
Mkt cap ! $588.2M
Open High Low Value Volume
32.5¢ 33.5¢ 32.5¢ $1.302M 3.974M

Buyers (Bids)

No. Vol. Price($)
14 713153 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 215665 6
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.