Sorry mate didn't intend to come across that way. Fair play.
A TO at current company progression isn't likely. We haven't completed phase 2. Pharma companies want it to be validated in a larger cohort. I would expect potential interest following phase 2. However, a biotech fund from the states is a preliminary sign of what (may) come our way.
I was enjoying the 26c paper profits with my holdings but looks like this is gearing up for the next leg of development. Like all things in bio land/spec world, we can't expect this to continue in a linear line. Someone mentioned this has doubled in under a month. Extrapolate that though, and think what (could) happen to the MC following positive phase 2 results on 2 products, then anti-bacterial developments.
TBH, as far as a CR goes I feel it has done well. However, 40M is a large dilution. No one can hide that.
IHL got a placement, it sent rockets under the MC. But once again, came at a fraction of ours. So yeah, it's a tad disappointing but I think it goes without saying that this sort of interest is fantastic for the companies trajectory.
- Forums
- ASX - By Stock
- BOT
- Ann: Trading Halt
Ann: Trading Halt, page-169
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOT (ASX) to my watchlist
(20min delay)
|
|||||
Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $689.3M |
Open | High | Low | Value | Volume |
38.0¢ | 38.5¢ | 37.5¢ | $1.784M | 4.691M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 248028 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 356327 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 257702 | 0.375 |
5 | 286143 | 0.370 |
5 | 154861 | 0.365 |
8 | 220465 | 0.360 |
6 | 256198 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 169178 | 3 |
0.390 | 230820 | 4 |
0.395 | 471715 | 8 |
0.400 | 203081 | 7 |
0.405 | 230000 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
BOT (ASX) Chart |