BOT 3.80% 38.0¢ botanix pharmaceuticals ltd

Change of control language is industry standard boiler plate...

  1. 324 Posts.
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    Change of control language is industry standard boiler plate type protection. It exists in every sensible executive vesting share scheme.

    A take over now would be a disaster. It’s too cheap. So, for those that are hoping for one near term, I believe you’re both misguided in your investment horizon and your long term upside valuation of BOT.

    focusing on the language in this scheme and suggesting it infers a corporate action of this nature is, in my opinion, nonsense.

    FDA is the key to the next leg up. It’s the binary risk that has traded the stock from 5c to 18c. Once we move through that, the BOT execs will continue to execute the robust business plan to drive value for shareholders. I hope the TO chatter can stop. That said, I’ll welcome it’s return at $2
 
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Last
38.0¢
Change
-0.015(3.80%)
Mkt cap ! $687.8M
Open High Low Value Volume
39.0¢ 39.0¢ 37.5¢ $3.489M 9.104M

Buyers (Bids)

No. Vol. Price($)
10 893523 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 159482 2
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
BOT (ASX) Chart
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