BOT 5.26% 40.0¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-2711

  1. 1,213 Posts.
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    So funny watching this manipulation go the other way. a few months ago the SP would always close at least 1 pip down after hours. Now the opposite, tiny little parcels right on the close to ensure the upwards trend continues. While I'm pleased with the current trajectory, I cant help think the dump is imminent, especially with no (expected) news on the horizon.

    I say no "expected" news because I think BOT have made a conscious decision not to inform the market of everything they have cooking in the background. This avoids being punished too heavily if / when things don't go to plan. This seems to be the strategy employed by IHL who have seen a lot more SP success following unexpected positive updates. I wouldn't be surprised to see a few left of field announcements from BOT in the near future, hopefully soon to take advantage of this upwards momentum.
    Last edited by moguns: 02/07/21
 
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