BOT 5.56% 25.5¢ botanix pharmaceuticals ltd

I struggle to see why it should seriously test 18-18.5c, and for...

  1. 1,477 Posts.
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    I struggle to see why it should seriously test 18-18.5c, and for the life of me I can't see why anybody thinks the charts suggest 15.5c if it did fail at 18.5c (to me that's just a made up number and not represented in the charting), but opinions are like ....well, you know how the saying goes. I most certainly agree with you that there is very little to happen in this space until the FDA result. I am probably a little more bullish than you in that I think the price will start to run up a little about a week prior to FDA approval (maybe approaching 25c), my only proviso being unless something else is announced between now and then, and/or more promotional roadshows by management like Rotto which could see it creep a fraction higher and then get the immediate pre-FDA growth. But my opinion is just as much an arsehole like anybody else's!
 
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Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
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