BOT 1.39% 35.5¢ botanix pharmaceuticals ltd

Bot Chart, page-10942

  1. 5,227 Posts.
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    Mate, even if it does go to 10c, they can never be right, they were calling a decline to 10c, when it went to 18c. Anyway, I think the absolute bottom is based on two support lines below. One is showing 13.5c and the other in 12c, I'd be surprised if it goes to the 12c to be honest.
    I recon, Jan 1, is going to be an opportunity for all existing, old and new Bot holders. It's pretty rare to buy into a stock where you'd expect such large gains in a short period of time (max 6-months).

    If it goes to 12c, you could almost guarantee that you'll make a 100% profit, before FDA approval. After FDA approval, you'd expect it to keep on climbing to (I'm only guessing here) say 50c, in the next 6-months. All going well, that's 400% profit in a year. Then you've got to wonder how high it will go, once they start recording sales figures GP and NP results in the next 6-months, (another guess), say $1.00 (very conservative price IMO). So that's 800% profit, so to put that into layman's term, $10k at 12c = 83,000 shares x $1 = $83K one and half years, probably sooner.


    https://hotcopper.com.au/data/attachments/5815/5815360-bfbfd7ac59d02d852e1c65813b56b439.jpg

 
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