BOT 5.26% 36.0¢ botanix pharmaceuticals ltd

Well Lacan, I bought in recently at 24c and after their trial...

  1. 4,252 Posts.
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    Well Lacan, I bought in recently at 24c and after their trial results have seen my investment fall quite remarkably on paper. Now a lot of you peeps keep saying that the trials were poorly run but the science behind their IP is quite sound. I would normally accept that there could be some merit in that except for the fact that there has not been the slightest hint of any relief rally to indicate some smart money coming into play. To me its quite simple that if there were significant belief in this company the SP would rise based on demand. Given that it is continually sold into is concerning. I, like you, want to see the company succeed but based on their recent performance you would have to have some concern that they're run by a bunch of amateurs. I continue to hold with the sound investment strategy called 'hope'
 
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