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25.0¢ botanix pharmaceuticals ltd

Hopefully should get some news in the quarterly out very soon

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26/10/23

11:54

Post #: 70550469
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Originally posted by figjam2708: ↑

They are not going to rush this through only to be knocked back again on something as small as getting labeling correct. 3-6months may seem like a long time when you invested for quick profits. However in the biotech/drug discovery timeline it is not long at all.

Hoping Nov meeting will provide some insights, but im not expecting trial to be done in Jan next year. Need to enrol people, draw up parameters, reporting of results. You're also assuming the study passes 1st attempt (hopefully they enrol people who can follow basic instructions but never assume). All of this over a time period which includes xmas shutdowns (uni holidays - usual suspects in these trials).

Plus i'm buying more at these levels, so patience is a good thing

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Hopefully should get some news in the quarterly out very soon

BOT Price at posting: 12.8¢ Sentiment: Hold Disclosure: Held
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Last 25.0¢		Change 0.005(2.04%)		Mkt cap ! $393.7M

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