I'm with you there, Stomar - I definitely think trust in BOT - it WILL get there. You're not going to have the globe's best-performing auxiliary hyperhidrosis product under your belt, and not make good sales!
My only issue has been, that twice now we've 'known' the FDA are going to approve Sofdra, yet the SP hasn't cracked, what, 22c?, leading up to it last time we 'knew' it was going to get approved. I just think we should expect it to be cracking 30, 40, or 50c prior to FDA approval IF BOT was expected to go from here to $1b MC on approval. Yes, I think the SP will climb prior to FDA approval in June, but I'd be surprised if it cracked 30c, simply based on the last run-up to expected approval. I truly hope I am wrong, believe me. I'm in BOT for the payoff too!
Hey, I hope I'm wrong and it does climb to ATH's and then some before approval - but I think it's going to take demonstrated sales over a quarter or two to start approaching that mark. Maybe 1st quarter sales will be so meteoric, that that'll be enough. I don't know how soon BOT will be able to report sales data, but the sooner the better I'm sure.
Bot Chart, page-11590
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $448.9M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.0¢ | $1.405M | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 200490 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 345394 | 4 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
28.3¢ |
Change
-0.005 ( 3.68 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 29.5¢ | 28.0¢ | 2039177 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| BOT (ASX) Chart |