BOT 6.25% 34.0¢ botanix pharmaceuticals ltd

Will get a roasting if they do another cash raise and burn...

  1. 80 Posts.
    lightbulb Created with Sketch. 26
    Will get a roasting if they do another cash raise and burn through the $80mil.....there should be ample funds to facilitate a self sustainable model to growth and in time ( fingers and everything else crossed) a significant free cash flow such that CR's to fund BAU activity is no longer required or even on the agenda.

    only time, and its years away i would think is if there was an M&A opportunity. that being said - back to point number one....think returning significant free cash flow and ability to draw on debt should be able to cover this without the need to cap raise and further dilute.


    Last edited by BlueFin123: 08/10/24
 
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