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33.5¢ botanix pharmaceuticals ltd

One can hit the ground running, but if you trip over a capital...

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809 Posts.

156

05/09/24

17:54

Post #: 75548306
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Originally posted by Grainofsand: ↑

In my opinion, legally the Company can't say "Sofdra will definitely sell X number of scripts", but they believe in the product and the mechanisms being put in place for successful sales, and so they say "Management have assumed a more than likely probability of achievement of all above hurdles". That's their way of telling shareholders we are on a blockbuster drug here, without contravening ASIC rules.

I believe when Howie was saying "we're going to hit the ground running", that they weren't considering a Patient Experience Program or the Telemarketing angle. There was never a mention of those - it was only ever about recruiting salespeople and getting them trained up and out the door - so I suspect that these later developments have added time to the rollout. And I very much doubt "there is nothing taking place" between now and the webinar, but rather I expect it will be all hands on deck behind the scenes, getting everything organized. There would be a lot of work involved in getting us to first sales.

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One can hit the ground running, but if you trip over a capital raise, gotta wait to build up some steam again. Seems were are hopefully starting to build up some pace.

BOT Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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Last 33.5¢		Change -0.005(1.47%)		Mkt cap ! $608.8M

Open	High	Low	Value	Volume
33.5¢	34.3¢	32.5¢	$1.200M	3.588M

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No.	Vol.	Price($)
6	349093	33.0¢

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Price($)	Vol.	No.
33.5¢	25403	5

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5	333942	0.330
10	854807	0.325
10	499198	0.320
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0.340	409008	9
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