BOT 2.70% 38.0¢ botanix pharmaceuticals ltd

@Woodz13, I've been accumulating at various prices over the past...

  1. 3,387 Posts.
    lightbulb Created with Sketch. 4561
    @Woodz13, I've been accumulating at various prices over the past 3 days: 4.2c, 4.3c, and 4.4c. I now hold a fairly substantial position. The best strategy is to let sellers sell down into your buy orders. A single large at-market order would push the share price up too much and increase ones aep. Yet, multiple at-limit buy orders sequentially placed into the market over a few days allow a large position to be built at a low aep.

    Hope that provides more clarity

    ----------------------------------------------------------

    @mbot, The atopic dermatitis (AD) asset (BTX1204) was awarded a risk adjusted valuation (NPV) of $34.3m compared to the total valuation of $285.3m by Argonaut Equity Research in the 3rd of February 2020 report. Given that the BTX1204 trial is not progressing, it naturally follows that the Arognaut share price target should be adjusted from 29 cents to 27 cents ($295.3m - $34.3m / 973). Not an issue at all.

    T.E.P.
    Last edited by T.E.P.: 08/07/20
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
38.0¢
Change
0.010(2.70%)
Mkt cap ! $687.8M
Open High Low Value Volume
37.0¢ 38.0¢ 36.5¢ $1.324M 3.541M

Buyers (Bids)

No. Vol. Price($)
2 4056 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 653729 17
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.