No one said “sell everything.” All i'm saying: don’t price in $1.50 like it’s guaranteed when Q2 performance doesn’t even exist yet.
Dismissing downside as a “third standard deviation” while celebrating $1.50 targets as inevitable isn’t investing — it’s narrative cherry-picking. You can’t mock risk management 101 and then pretend your upside case is bulletproof.
Plenty of biotechs hit “peak pessimism” and stayed there… permanently.
If you truly believed 25,000 subs by June 30 was a 3-sigma event, you'd be betting your house. But you’re not — because deep down, you know there’s a gap between hype and results, and we’re still in that gap.
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botanix pharmaceuticals ltd
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29.0¢

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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $568.6M |
Open | High | Low | Value | Volume |
30.5¢ | 30.5¢ | 29.0¢ | $1.517M | 5.072M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1133673 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 161846 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 1046673 | 0.290 |
15 | 786253 | 0.285 |
32 | 603402 | 0.280 |
14 | 402117 | 0.275 |
12 | 498310 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 161846 | 3 |
0.300 | 323000 | 4 |
0.305 | 658609 | 4 |
0.310 | 748115 | 11 |
0.315 | 385974 | 6 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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