BOT 1.47% 33.5¢ botanix pharmaceuticals ltd

Bot Chart, page-14393

  1. 3,699 Posts.
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    I think once we get an interest rate cut, we're going to see a substantial amount of liquidity enter the market and BOT will be a major beneficiary of this.

    We have a product and launch occuring at the perfect time and likely to align with interest rate cuts which I personally think are coming just before or during US elections and will reverberate around the world* with other monetary orgs like RBA following suit.

    Plenty of money will flow into companies but BOT represents so much value from here. I would not be surprised to see this at a billion dollar market cap within the next 1 - 3 months.

    We've seen banks cut interest rates on term deposits, just this last week or so, we've seen the likes of Macquarie drop fixed rates to as low as 5.79% with other majors also reducing certain fixed rates by anywhere from 0.10 - 0.50 basis points.

    As funding pressures ease, we're going to see a lot more money re-enter the markets.
    Last edited by marsman86: 04/09/24
 
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Last
33.5¢
Change
-0.005(1.47%)
Mkt cap ! $608.8M
Open High Low Value Volume
33.5¢ 34.3¢ 32.5¢ $1.200M 3.588M

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No. Vol. Price($)
6 349093 33.0¢
 

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Price($) Vol. No.
33.5¢ 25403 5
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
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