BOT 0.66% 38.3¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-4536

  1. 1,758 Posts.
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    I think it's just weak hands - and I mean that in the nicest possible way. The amount of daily trade is minimal - this isn't big players. I think it just represents those who were expecting a decent jump on news of the mid cycle review, and when that didn't happen, they've decided to put their money elsewhere. September is a long time to wait in this world environment of high inflation, high (and perhaps increasing) interest rates, and other uncertainty. Perhaps many of those selling are taking a nice profit if they bought in less than 4-5 months ago for 5c or 6c. The persistent decline is on a very low volume.


    Last edited by Grainofsand: 27/04/23
 
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5 72298 38.0¢
 

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38.5¢ 259388 5
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