BOT 7.04% 38.0¢ botanix pharmaceuticals ltd

Well disappointingly it appears soul pats are off the register...

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    Well disappointingly it appears soul pats are off the register after appearing at 18 and 20 in the annual report. Unless they have slipped into national nominees but I wouldn’t have thought so. Also the Pershing argonaut account holding 7.1 million shares has disappeared. No wonder the sp has found it hard work moving up. And then the argonaut options from the initial raising in 2016 where they had 13 million options, of which they converted 4.1 million, now appearing to be unloaded. Good results will be handy but without a fund or a substantial getting on the register it’s going to be hard work. And until the message that there will be no raise after the phase 1b is properly conveyed, to which point it hasn’t, then any run we might have will almost certainly be stifled.
    Its certainly been the definition of hard work
 
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