BOT 7.46% 36.0¢ botanix pharmaceuticals ltd

Cool. If you've read any of my posts around this suggestion (of...

  1. 1,676 Posts.
    lightbulb Created with Sketch. 1077

    Cool. If you've read any of my posts around this suggestion (of a potential buyout) I have always suggested it would have a $ in front of it. I don't think anybody who has considered a similar proposition on here has imagined a buyout without a $ sign. Personally I don't correlate what the market is currently thinking of BOT (at 17-18c) to be accurate and I think any potential buyer knows that. For me the clincher is irrespective of the SP, Matt & co won't sell BOT unless it's in the realm of what they know it to be worth (and that always starts with a $ sign, IMO). As a buyer who sees value in BOT you have a choice - offer SP value and not be able to buy it, or offer what it's really worth and maybe BOT will sell. That's why I think a significant jump in SP to what's currently on offer is not a fantasy and could easily be revealed upon the first TH following FDA approval.

    Then again, I may just have to wait until BOT demonstrate actual sales.
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
0.025(7.46%)
Mkt cap ! $567.0M
Open High Low Value Volume
36.0¢ 36.5¢ 33.3¢ $14.94M 42.66M

Buyers (Bids)

No. Vol. Price($)
7 112268 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 276101 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.