BOT 0.00% 36.0¢ botanix pharmaceuticals ltd

Furthermore I have always said, I dont care if the FDA approval...

  1. 7,644 Posts.
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    Furthermore I have always said, I dont care if the FDA approval is granted or not , I only care about the share price of the BOT going up which will give me the Return on my long term investment.

    The problem is the rampers on this forum will keep repeating that it is only another 6-9 months of wait so what is the issue. In those 6-9 months the share price may fall down 100% to where it was on the day of the TH and after approval it may go up but it will never reach the level it was on the day of the TH i.e. 18 cents.

    This is exactly what happened with LDX. they eventually got their approval but the price after the approval despite going up by 100% was still well below the level it was when they got rejected the first time.

    As always DYOR.


 
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