BOT 2.63% 37.0¢ botanix pharmaceuticals ltd

Ahhh good morning BOTers. Saturday morning and after yesterday's...

  1. 3,531 Posts.
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    Ahhh good morning BOTers. Saturday morning and after yesterday's new ATH on the Daily, Weekly and Monthly - some post high clarity to start your day.

    https://hotcopper.com.au/data/attachments/6422/6422911-ffaf35e8c23382a178745845eb53772e.jpg

    It's time to zoom and and realise that we, in the grand scheme of things are really only at the beginning of the journey - although some of us been here far too long already. To those of you who purchased recently, it may feel like you're behind the LTH's but realistically you're much closer than you think based on where BOT is going. There is a high probability of 10x from here, some are saying a lot more...book mark this and come back in 12 - 24 months.

    Yesterday BOT in its report basically confirmed that they're giving old mate the 7m shares because it is "more likely and probable" that $250,000,000.00 in revenue in a 12 month period is going to happen.

    If you consider how long it takes most companies to start making money, it is roughly 10 years based on the below... guess where BOT is... we are literally in year 10. We have our product and in 5 months from now the first set of sales results will be announced and you'll finally be able to tell your wives, I told you so.

    https://hotcopper.com.au/data/attachments/6422/6422930-c768336f845e5a9394a0881cb2595b63.jpg

    This is our 10 year chart... you really think this is all we're supposed to end up on???

    https://hotcopper.com.au/data/attachments/6422/6422972-3208a8e5d5264a920c997c50c15f6246.jpg




    in terms of profits, it's anyone's guess and there are some who have posted what seemed like outrageous calls - but the average is quite high and confirms some of the comments seen and made by LTH's.

    https://hotcopper.com.au/data/attachments/6422/6422949-3578a89d619c9b00e466d26974b4c420.jpg

    In terms of deciding how much longer to hold? or when to sell? I wouldn't worry - the decision will be made for you eventually. Your only task is to diamond hand the crap out your shares and not be a little b1itch about it as we start to see a lot more FUD.. it's coming, new posters, 1st time posters, profit and results deniers, negative sentiment and everything in between - do not be fooled, you are holding one of the best kept secrets on the ASX.

    https://hotcopper.com.au/data/attachments/6422/6422957-772da0bc381e9254a89a152389ee6355.jpg


    In conclusion, HOLD - do not sell - In fact if you can buy MORE, do not worry about the day to day or week to week ups and downs, and whilst it's fun to look at and watch people squabble in the comments of BOT forum - don't get too caught up in the negativity. Stay clear of new posters with little to no insight other than negativity and keep zooming out.


 
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