BOT 5.26% 36.0¢ botanix pharmaceuticals ltd

Bot Chart, page-3660

  1. 2,763 Posts.
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    I think the week pennant suggests

    1. capping at around 10 cents - which I posit to be to keep the market capitalisation below AUD 100 million in order to reduce demand from super funds.

    2. progressively fewer sellers below 10 cents.

    I think the month's action suggests a breakout to the upside but I leave others to do gap analysis.
 
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