BOT 4.23% 37.0¢ botanix pharmaceuticals ltd

Ann: BTX 1503 Acne Phase 2 Study Results Presentation, page-101

  1. 788 Posts.
    lightbulb Created with Sketch. 141
    Have to wonder why they felt the need to release last night when they could have held it until tonight and released preso with it....??? They had the scope on the th to do just that.

    Seems to me like a rush to confuse the market..

    personally i like the results despitr being confused by the vehicle anomaly. The active is shown to be effective. The formulation safe.

    The vehicle is also shown to be super effective against imflamatory lesions ....If that vehicle contains permetrex (which has not been stated), then that is a positive that falls way outside the scope of the study and has affected the focussed target outcomes of the study. That on its own may require further investigation.

    lots of panic in the street and muscles flexed by big players to push the price back into the buy range. It stinks but this is the asx. Retail investors will panic sell or hold the bag until the big boys want to push it up again.

    Buyers turning up now in numbers. I expect a close of 14c on a serious hammer with serious volume.

    120mil MC.- 40m in bank gives ev of 80m. Seems like bot is on sale.

    all imho
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
0.015(4.23%)
Mkt cap ! $669.7M
Open High Low Value Volume
36.0¢ 37.5¢ 35.5¢ $1.465M 4.001M

Buyers (Bids)

No. Vol. Price($)
5 186321 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 561591 7
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.