BOT botanix pharmaceuticals ltd

Ann: Botanix $40 Million Capital Raising for Sofdra Rollout, page-38

  1. 169 Posts.
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    insurers have muscle to negotiate favorable terms - would not expect anything less that 60 days. With 90 days being worst case

    so can understand how there is a working capital deficit with ongoing investment into the digital platform, marketing and sales growth all ramping as well. just hope they have crunched the numbers and $40m will suffice to get them through into BAU cashflow surplus
 
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