BOT 0.00% 36.0¢ botanix pharmaceuticals ltd

For anyone wondering why we need to a capital raise refer to the...

  1. 113 Posts.
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    For anyone wondering why we need to a capital raise refer to the following section of the Quarterly Report.

    https://hotcopper.com.au/data/attachments/4788/4788481-5cae70ea399e6aac0727c0ff9e412d04.jpg

    With a cash burn of >5 million last quarter, 10 million in the bank and a Ph3 trial to fund next year, we should be expecting significant dilution if we expect this company to survive.
 
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