BOT 4.41% 32.5¢ botanix pharmaceuticals ltd

I don't see it under pressure at all myself.The last week has...

  1. 1,758 Posts.
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    I don't see it under pressure at all myself.

    The last week has seen steady trade keeping it at 7 to 14% above the CR price and trading volumes less than a 5th than when Sofdra got FDA approval and the CR was announced. What we see here is entirely normal following a cap raise at a price less than where it sits presently. Now if the volumes we up in the 30/40/50m then possibly there'd be some pressure, but what we see presently is just BAU waiting for the next announcement, following a 30c cap raise. But each to their own opinion.

    https://hotcopper.com.au/data/attachments/6302/6302475-b83fddfe50f44d60bea5dd2e72f151c3.jpg

 
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Mkt cap ! $588.2M
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33.5¢ 34.0¢ 32.0¢ $2.375M 7.222M

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No. Vol. Price($)
1 27500 32.5¢
 

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Price($) Vol. No.
33.0¢ 262190 5
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Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
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