BOT 5.17% 27.5¢ botanix pharmaceuticals ltd

Have to wonder why they felt the need to release last night when...

  1. 777 Posts.
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    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
 
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