Hi BOT holders, I have been doing some more thorough research on this and decided to take a 30/35% profit.
I will make a re-entry after the Phase 1b Psoriasis results get released as IMO, believe the results won't be that great.
The Comparator / control treatment is BTX 1308 Vehicle with no CBD, Betamethasone valerate (Betnovate 0.1% Ointment). I don't believe that the efficacy will be as good compared to this particular product against formulations of BTX 1308.
I do however, have great faith in BTX 1503 to treat acne and for this to be a game changer in this field. If I am correct and the result for Phase1b Psoriasis don't deliver to expectations, will pick up the stock at a huge discount as normally the share price drops off a cliff and wait for BTX 1503.
The other concern I have is that the directors and chairman over the years haven't used their own personal funds from what I can see to buy the stock. Normally there is an annoucement on the ASX to reflect this. In the past I have asked this question directly to the people working at the company and silence.
All the best BOT holders. Have enjoyed the commentary
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $669.7M |
Open | High | Low | Value | Volume |
38.0¢ | 38.5¢ | 36.5¢ | $2.548M | 6.766M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 96148 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 782479 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 96148 | 0.365 |
7 | 391832 | 0.360 |
5 | 284373 | 0.355 |
5 | 297700 | 0.350 |
3 | 610000 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 782479 | 9 |
0.375 | 210000 | 2 |
0.380 | 1003076 | 7 |
0.385 | 578187 | 13 |
0.390 | 653299 | 26 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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