BOT 3.57% 27.0¢ botanix pharmaceuticals ltd

Correct, you want to see share price appreciation on FDA...

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    Correct, you want to see share price appreciation on FDA approval, which in turn increases the market capitalisation, which in turn forces the BP to increase the takeover offer/ $’s.

    Whether takeover offer comes before or after product distribution begins is another matter.

    I think it may be better to get t/o after approval, but before self distribution, because if BOT distribution doesn’t show great sales results right away that will impact negatively on t/o offer (history shows it takes a while for take up to take full swing).

    Where with a t/o before distribution we can market to BP using Japan numbers multiplied by US population as the number to drive t/o price.

    Just my thoughts….right or wrong!
 
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