BOT 0.68% 37.3¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-6040

  1. 7,653 Posts.
    lightbulb Created with Sketch. 618
    actually i got that wrong. This looks even worse.

    the share price after the approval was granted to LDX was lower than the price it was on the day it went into TH to announce the FDA decision for the first time.

    Share price of LDX on the day of trading halt on (5/7/22) to announce the first FDA decision : 17 cents

    Share price of LDX on the day of FDA approval (3/7/23) : 7.4 cents

    Now the same could happen with BOT, hence why getting the approval the first time was so critical.

    DYOR


 
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