BOT 0.89% 28.3¢ botanix pharmaceuticals ltd

I do think this month BOT will go crazy in anticipation of FDA...

  1. 134 Posts.
    lightbulb Created with Sketch. 135
    I do think this month BOT will go crazy in anticipation of FDA approval as buyers lock in their positions on a company that will soon go commercial, THIS year, on a blockbuster drug. So short answer is yes.

    i follow pharma ASX companies closely, traditionally at this part of the FDA approval cycle we see >50% increases pre-approval from here, and sometimes much more.

    Its the most exciting time of the entire FDA calendar which takes upwards of 6-10 years on many occasions.

    I follow another company with Phase 3 readouts by this time next year, and during that time the increases are not as dramitic but even larger overall as its a year of climbing shareprice as buyers become aware, BOT can attest to that having been through this same part of the cycle making us the price we are today with huge gains. And I think BOT has a chance of doubling this month if us shareholders are lucky, and holders hold tight.

    Good luck to all, cya in 50 days when BOT have a product ready and approved to be on the shelves of all American chemists, for a product that does not have competition and a huge demand!
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
28.3¢
Change
0.003(0.89%)
Mkt cap ! $441.0M
Open High Low Value Volume
28.5¢ 29.0¢ 28.0¢ $246.8K 866.6K

Buyers (Bids)

No. Vol. Price($)
21 861621 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 458826 11
View Market Depth
Last trade - 10.42am 10/05/2024 (20 minute delay) ?
Last
28.0¢
  Change
0.003 ( 1.75 %)
Open High Low Volume
28.5¢ 29.0¢ 28.0¢ 535099
Last updated 10.58am 10/05/2024 ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.