BOT 0.00% 37.0¢ botanix pharmaceuticals ltd

Ann: Botanix $70 Million Institutional Capital Raising, page-240

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  1. 3,540 Posts.
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    There will be a fair few shares to churn through today, my guess is those who participated in the CR that haven't been able to sell or wanted to wait will sell today knowing that there will be substantial volume between 0.38 - 0.40 maximising their profits.

    Whilst I am excited to see what the quarterly represents and displays, I don't think they're going to let it run, instead we might see the remainder of what was raised being sold off. . just a guess...
 
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