BOT 0.00% 32.0¢ botanix pharmaceuticals ltd

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  1. 17 Posts.
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    Personally I think there were a lot of people waiting for this trial announcement to offload into the demand and new investors watching it go nowhere have also unloaded which means the supply out stripped the demand. There was a fair amount of volume yesterday which would have cleaned out some stale holders as well as the people holding 200-250 percent profit from 6 months prior. The chart shows we are still in our trend channel, but if it breaks below 14c it may drop further until people realise it is undervalued.
    https://hotcopper.com.au/data/attachments/2873/2873226-1e839b65638a3f533358995c36de975f.jpg
    It does seem strange that Vince and/or Matt haven't come out and done a heap of interviews showcasing their findings which they have always previously done on any positive news. I think this is a big milestone announcement showing efficacy and safety profile, are they too busy writing up new patents or madly trying to organise the next trial talking to FDA/TGA. With them not coming out I think they are up to something big. Stay calm peeps and hold onto your shares.
 
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32.0¢
Change
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Mkt cap ! $581.5M
Open High Low Value Volume
33.5¢ 34.8¢ 32.0¢ $3.160M 9.427M

Buyers (Bids)

No. Vol. Price($)
14 670399 32.0¢
 

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Price($) Vol. No.
32.5¢ 24177 3
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