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32.5¢ botanix pharmaceuticals ltd

Hank, I think 11^2 got you there.

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Jalaluddin

2,831 Posts.

603

13/06/24

17:12

Post #: 74302418
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Originally posted by Hank Mclovin: ↑

Because I'm not a trader. My view isn't next week or next month, I'm looking at 2029+

I believe that FDA approval is a matter of course and will simply be a green light to market. I'm here for post FDA approval, and the risk to me is how the market reacts to Sofrada. I am happy to take that particular risk as the Japanese market is already showing signs of sucess. Sofrada as a product sits in a sweet spot in terms of treatment where efficacy is (seemingly) good and is a non invasive treatment.

So for me, yes, I priced FDA approval into the current SP. In my mind, I purchased BOT because the likelyhood of FDA approval is extremely high. As I said in a previous post, I'm working on a 0.55 SP next year and I'm happy with that.

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Hank, I think 11^2 got you there.

BOT Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 32.5¢		Change 0.005(1.56%)		Mkt cap ! $581.5M

Open	High	Low	Value	Volume
32.5¢	32.5¢	32.5¢	$90.98K	279.9K

Buyers (Bids)

No.	Vol.	Price($)
18	744899	32.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.5¢	207156	5

View Market Depth

No.	Vol.	Price($)
18	744899	0.320
20	698707	0.315
29	938444	0.310
13	382747	0.305
31	508811	0.300

Price($)	Vol.	No.
0.325	207156	5
0.330	157744	3
0.335	265769	4
0.340	310556	4
0.345	536699	7

Last trade - 10.06am 15/11/2024 (20 minute delay)

BOT (ASX) Chart

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