BOT 2.70% 38.0¢ botanix pharmaceuticals ltd

BOT - Post Approval Takeover Predictions, page-2

  1. 290 Posts.
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    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?
 
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