BOT 2.63% 37.0¢ botanix pharmaceuticals ltd

The $60 million extra in the bank represents approximately...

  1. 94 Posts.
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    The $60 million extra in the bank represents approximately 11.37% of the current market cap, and the issuance of new shares would result in approximately 13.23% dilution to the current shares on issue.

    Disappointed that the dilution % is more than the extra cash %.

    Essentially, the loss in value due to dilution is greater than the gain in value by having an extra $60 million in the bank.
 
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Last
37.0¢
Change
-0.010(2.63%)
Mkt cap ! $669.7M
Open High Low Value Volume
38.0¢ 38.5¢ 36.5¢ $2.548M 6.766M

Buyers (Bids)

No. Vol. Price($)
2 96148 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 782479 9
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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