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
34.0¢ |
Change
-0.025(6.85%) |
Mkt cap ! $535.5M |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 33.5¢ | $3.640M | 10.48M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 453175 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 42750 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 228144 | 0.340 |
18 | 538437 | 0.335 |
28 | 1359494 | 0.330 |
10 | 1086741 | 0.325 |
16 | 679624 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 393918 | 8 |
0.350 | 1004473 | 10 |
0.355 | 208150 | 5 |
0.360 | 242393 | 5 |
0.365 | 389368 | 7 |
Last trade - 14.13pm 26/06/2024 (20 minute delay) ? |
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