BOT 3.80% 38.0¢ botanix pharmaceuticals ltd

just dont push yourself too hard mate.Keep backing the truck at...

  1. 7,641 Posts.
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    just dont push yourself too hard mate.

    Keep backing the truck at every drop and keep praising the management.When i said I didnt care about the FDA approval as long as the share price goes up is because sometimes the approval is already priced into the share price appreciation. Also i know it is too hard for you to understand this concept cos you have been stuck with your investment in BOT for a long time and cant get enough of this incompetent management who has made sure that you dont go anywhere cos the share price has floated anywhere from 5 cents to mid 20 cents in the last 6 years while you continuously praised the management for their pathetic performance in increasing the return on your investment. I get that all, but try harder when i tell you that FDA approval doesnt matter it is the share price that drives your investment growth , try reading it slowly and it may make sense to you.

    Also the market already knows the approval is a given as long as the "best management" in the industry according to you fixes up the label in the next 6-9 months, YET the price has fallen 40% since the FDA announcement was released. So this again proves that approval, pending approval, delayed approval means jack if the share price goes backwards.
 
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Last
38.0¢
Change
-0.015(3.80%)
Mkt cap ! $687.8M
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39.0¢ 39.0¢ 37.5¢ $3.489M 9.104M

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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
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