BOT 6.45% 33.0¢ botanix pharmaceuticals ltd

BOT - Post Approval Takeover Predictions, page-2

  1. 231 Posts.
    lightbulb Created with Sketch. 92
    I can't remember where I read it, but if I recall right, BOT was backed initially by venture capitalists? (correct me if wrong), meaning that they'd be eventually looking for an exit for their investment. This means that a takeover could very well be an attractive open for the directors to achieve that exit and satisfy the venture capitalists.

    But what would be the motivator to do it sooner than later, when if you wait a couple years, grow immensely in accordance with the predicted revenue growth?

    Its like the situation of when we paid off those we bought sofpironium bromide from to buy out the liability to pay their royalties; if only they waited to keep their slice of the big pie to come.

    What do you all think is a good exit for the directors?
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
33.0¢
Change
0.020(6.45%)
Mkt cap ! $519.7M
Open High Low Value Volume
31.0¢ 33.5¢ 30.5¢ $2.848M 8.878M

Buyers (Bids)

No. Vol. Price($)
1 24615 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 105525 2
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
33.0¢
  Change
0.020 ( 6.73 %)
Open High Low Volume
31.0¢ 33.5¢ 30.8¢ 3931977
Last updated 15.59pm 14/06/2024 ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.