BOT 16.9% 38.0¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-6605

  1. 1,758 Posts.
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    I reckon we might touch 14.5c, but more than likely close back at 14c, or even 13.5c. I currently see BOT like a sailing ship experiencing the doldrums - nothing to push it forward, nothing to push it backwards - it's just sitting there bobbing about. The tree has been shaken and all the loose fruit fell off, now we're all just waiting, waiting to ripen! Of course that could all change in the blink of an eye with an out-of-the-blue announcement, or even following a successful FDA review later this month/Dec. The recent management roadshow probably added to securing the SP where it is, with maybe a fraction of increased sentiment, but obviously it didn't do much to drive up the SP significantly (not that I think that was its intention). I suspect SP will hold between 13-15c until next year, and then we'll see it start to move north again leading up to FDA approval.
    Last edited by Grainofsand: 08/11/23
 
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