BOT 1.47% 33.5¢ botanix pharmaceuticals ltd

They will need to at some point in the future (maybe a year...

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    They will need to at some point in the future (maybe a year maybe several years) if growth is what they are after (which is the case here). $10m is a decent pile of cash for a small company, when this company grows much larger it'll need far more to keep up that growth. However I suspect the next raise will occur at a substantially higher price, resulting in very little dilution. Not something to fear, imo it will be a good sign that the company is rapidly growing
 
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