BOT 2.04% 25.0¢ botanix pharmaceuticals ltd

I think there's a lot of cash sitting on the sidelines watching...

  1. 351 Posts.
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    I think there's a lot of cash sitting on the sidelines watching and waiting. With c3 weeks to go the more conservative out there would rather sit on their hands and back a 'sure thing' rather than risk buying up now with approval not confirmed.

    I also wonder if this current stagnation could mean a sharper re-rate post approval (fingers crossed on that) and instead of a 'priced in' to some degree situation we see a major climb in the SP.
 
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