BOT 0.00% 38.0¢ botanix pharmaceuticals ltd

BNE 60% Rise on the move, page-27

  1. 1,837 Posts.
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    This was posted by 'vontrader'on DUO thread.

    "And out of interest, NXR hit 9.3c last week. From 1.2c pre deal, that is a 675% return after 3 rounds of dilution, still no consolidation or Ch1&2 and they still do not own the technology - not bad for something that had less than $50k in the bank at the time of announcing their acquisition

    GMM which went from 0.5c to 13c+ on $8k in bank is supposedly raising at 5c. Not bad, first round of dilution at 10 times the price of when the deal was announced

    Soon enough people will realise it's the deal that matters, and cash will be raised subject to the quality of such"

    Imo BNE MC is to low compared to DUO MC as they have no cash and BNE has $1.5 million And both are looking to acquire a project. IMO we should be sitting on 1.2 cent minimum.
    Anyway I'm fully loaded and waiting for an acquistion to occur as there is minimum downside from here. If we acquire a technology stock, I can see BNE doing a Multibagger from here . This is all imo.
 
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