BOT 0.00% 33.5¢ botanix pharmaceuticals ltd

Why do you think BOT will be bought after approval?It is a done...

  1. 103 Posts.
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    Why do you think BOT will be bought after approval?

    It is a done deal that it will get approval so if BOT was going to be bought why would the buyer wait? The pipeline behind this drug is hardly to the forefront of discussions and despite my initial hopes when I bought in, I have tempered my expectations enormously in recent times. Once the day traders and profit takers do their thing (and heaven forbid there is a cash raise) I think the blue skies share price claims with dollars in front of them will be seen to be overly optimistic.

    Nobody in already will lose money but how much we gain is very much open to debate in my view.


 
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