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4.79%

34.8¢ botanix pharmaceuticals ltd

I think it's in the best interest of the company and therefore...

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asx11

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21/06/24

18:02

Post #: 74431566
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Originally posted by kenjikool: ↑

Hi Hank. I don't believe anyone really is saying that FDA is bad or that BOT aren't going to do well. I didn't sell today because I know that BOT is on a winner. The issue as mentioned yesterday is that people risked their hard earned and 6 months ago got shafted. Some did well by selling out and buying back 11.5-13c area. So yes great we are back here. But if they again failed to please the FDA and we had to again wait then the SP could have dropped back to under 20c? But like last time we held through it and felt we should be rewarded. We aren't bitching we're pissed. This may not retreat back to 30c but it may also. We have to wait and see who has the shares whether they hold some and plan on replacing them with the new shares at a discount. We wait. But again, nobody can tell me that the timing of the CR is in the best interest of current SH. They don't need the funds in the next 3 weeks, the SP could easily be 50c today. But we will never know because that opportunity was removed.

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I think it's in the best interest of the company and therefore shareholders. Also Matt is the 2nd largest shareholder last I checked.

Last edited by asx11: Friday, 18:04

BOT Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 34.8¢		Change -0.018(4.79%)		Mkt cap ! $559.1M

Open	High	Low	Value	Volume
36.0¢	36.5¢	34.5¢	$1.930M	5.473M

Buyers (Bids)

No.	Vol.	Price($)
13	933147	34.5¢

Sellers (Offers)

Price($)	Vol.	No.
35.0¢	349406	10

View Market Depth

No.	Vol.	Price($)
13	933147	0.345
21	584449	0.340
16	532405	0.335
26	1292918	0.330
8	961741	0.325

Price($)	Vol.	No.
0.350	349406	10
0.355	209100	5
0.360	155568	4
0.365	380027	7
0.370	339297	5

Last trade - 12.18pm 26/06/2024 (20 minute delay)

BOT (ASX) Chart