BOT 1.45% 34.0¢ botanix pharmaceuticals ltd

Any idea how much the Capital Raise will be?I'd imagine they...

  1. 878 Posts.
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    Any idea how much the Capital Raise will be?

    I'd imagine they would want a large sum to avoid a JV situation with Lombard Pharmacies or other parties.

    I'd guess as soon as FDA gets approved, then Trading Halt and CR to capture the post FDA re-rate?

    $50,000,000 at 35c per share?

    Gives Bot $65,000,000 to launch a comprehensive roll-out. Should avoid a JV and the royalties / dilution that come with it.

    https://hotcopper.com.au/data/attachments/6191/6191226-04ebbf094d2573056a5513988825fa32.jpg
    From the Broker report above.

    This is the anchor on the SP IMHO and will be until the raise is completed.

 
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