BOT 2.67% 36.5¢ botanix pharmaceuticals ltd

No volume. Meaningless. Just noise. the news yday was already...

  1. 132 Posts.
    lightbulb Created with Sketch. 30
    No volume. Meaningless. Just noise.

    the news yday was already known. 6months was flagged. If impatience is seeing a few million shares sell down, cest’ la vi. If you want to add, now may be a good time. The volume of buying of late suggests this is not new buyers buying the rumour and selling the fact. This is impatient small holdings unwilling to wait for the long term structural thesis to play out. If the larger buyers return, it won’t be here long. If they don’t, I expect a slow grind higher regardless. Company is in a. Meaningful transition and the mkt cap is yet to adequately reflect that.
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
36.5¢
Change
-0.010(2.67%)
Mkt cap ! $574.9M
Open High Low Value Volume
37.0¢ 38.5¢ 35.5¢ $6.090M 16.50M

Buyers (Bids)

No. Vol. Price($)
1 101678 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 79000 2
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.