It is not normal. It is ridiculous! But the market is all about...

It is not normal. It is ridiculous! But the market is all about sentiment. It is not in our favour right now which is frustrating to say the least. I never thought that we will be below 10 cents after we hit 19 cents. To reverse this downtrend, we need one or more of the following:
1- A strong announcement (ideally with commercial nature)
2- BOT directors buying on market ( Highly unlikely)
3- Big boys had bought enough shares and it is time for them to shift the trend (They always have better chance than us in buying low and selling high)
4- Some large insto interest with long term view joining our share register
5- Unexpected takeover offer
6- Some social media/reddit forums vibe to generate interest and conviction in BOT mission to find the next anti-microbial medicine (what a great caiuse, to help save lives and make us (BOT shareholders) rich

In terms of fundamentals, we are in much better position than many other spec stocks. No need for cash for at least two more years. Experienced board with strong bio connections in the USA. 1x FDA phase 3 drug. A number of drugs in phases 1 and 2.

Let us hope this ship will turn direction soon. It is been really hard to watch share price beaten on a daily basis.


Regards,
Sam