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5.00%

38.0¢ botanix pharmaceuticals ltd

My bottom draw is stuffed full of BOT shares.

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TheSpaniard

2,404 Posts.

452

28/10/22

13:21

Post #: 64457101
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Originally posted by Mooncat: ↑

Thinking about the two cap raises this morning. The previous one was specifically related to the funding required for SB. At the time they wouldn’t have been aware of what the 1702 data would say. So therefore they made the call to raise before having that in hand, knowing poor 1702 data would collapse the share price and much more dilution would be required to get the SB funds needed.

Now we are in the strong position of more trials to come on rosacea, acne and anti microbial with the SB funds locked away. So can now raise with more confidence and I would hope to see this sold well by EH if indeed it’s them doing it again.

Still bullish on BOT, just keeping in bottom drawer for another 18 months

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My bottom draw is stuffed full of BOT shares.

BOT Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 38.0¢		Change -0.020(5.00%)		Mkt cap ! $693.8M

Open	High	Low	Value	Volume
40.0¢	40.0¢	38.0¢	$2.264M	5.785M

Buyers (Bids)

No.	Vol.	Price($)
19	790722	38.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.5¢	231350	4

View Market Depth

No.	Vol.	Price($)
4	18632	0.410
1	10480	0.400
1	3542	0.395
2	38504	0.390
3	52800	0.385

Price($)	Vol.	No.
0.355	49795	3
0.360	24862	3
0.365	33926	2
0.370	4491	1
0.380	10887	1

Last trade - 16.10pm 03/10/2024 (20 minute delay)

BOT (ASX) Chart