BOT 2.63% 37.0¢ botanix pharmaceuticals ltd

"maybe a drop to 20c then results and a solid run back to...

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  1. 4,430 Posts.
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    "maybe a drop to 20c then results and a solid run back to 28/30c.."

    For a fluff and pump poster you sure lack much vision. "A solid run back to 28/30c."???? Botanix is not the type of stock whose results will be that they increased production by 10% or they cut costs by 15% justifying a 50% share price rise, imo. For Botanix any results will be very disappointing or doorbustng, and the price reaction will be similarly dramatic imo. What news are we waiting on in the next month or two? It seems to me we have the psoriasis results - which given their delay I am assuming are disappointing - and the acne results - which according to the numbers have about a 40% chance of being positive. A positive result for the acne trial will not, in my view, take BOT from 20 cents to 30 cents. I would have thought it would mean we would be using this "$" instead of this "c". But there is something like a 60% chance that the acne results will not have that impact. So let's not get too far ahead of ourselves … these punts usually don't come home.
 
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Last
37.0¢
Change
-0.010(2.63%)
Mkt cap ! $671.1M
Open High Low Value Volume
38.0¢ 38.0¢ 37.0¢ $1.949M 5.207M

Buyers (Bids)

No. Vol. Price($)
7 163455 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 33207 2
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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