Managed to get out of bed early today ( 4.30am , maybe this is getting easier
) so did up a few charts i thought were of some interest.
Medical weed play which has flown under the radar, with a break out on volume and price yesterday, this is sure to get the attention of some folk. Here is a summary made by
@milesy on the BOT forum. Worth a read and so is the investor presentation
They are targeting a massive market, in acne and other skin treatments, that has had no new, clinically proven treatments, for many, many years, and many of the existing treatments have horrible side effects.
* Management are amongst the best you can get, with a proven track record that speaks for itself.
* They are targeting a massive market, in acne and other skin treatments, that has had no new, clinically proven treatments, for many, many years, and many of the existing treatments have horrible side effects.
* They are using a pure version of the cannabinol extract, and as such have the certainty in strength and purity to allow FDA approval that will not happen from plant extracts.
* They have all the necessary FDA and DEA licences to complete their trials and already have access to the extract required.
* Safety trials already completed, with phase 1 trials commencing soon. A huge 2017 with lots of news flow to come.
* Being topical, a much quicker route to FDA approval than drugs that need ingesting.
But the real kicker is Permetrex. I'll let you read up on this area, but basically it will not only allow the BOT creams to penetrate the epidermis at much greater depths, but they now have the licence to use this with all skin disease treatments and WILL be a very near-term source of revenue. Possibly a very large one in its own right.
BOT is a great story and with a MC of only $18 mill it is really still at the ground floor considering its progress.
Initial target of 5.7 but i think it could easily smash through this on a decent day with double today's volume.
View attachment 495950
CR8 i believe she is at the bottom and in a nice buy zone ready for news and the next leg up. A new investor presentation has been released this morning. I have started to add to my existing position around these levels. Soon enough she will start to climb as we get closer to Q2 where the Nationwide news could drop any time
View attachment 495953
DTZ looks to have found a bottom, maybe another day of sideways action and she will pop and move higher, looks ready IMO
View attachment 495956
Is this the graphite killer ?
Chart looks very interesting, keen to see how this plays out. My understanding is they were presenting at conference yesterday and today in Monaco. Chart looks primed with an increase in volume. This could be a genuine multi bagger right here.
Initial target of 68 cents.
View attachment 495959
My favourite for the day, BOT. Weed is hot and so is the chart with the fundamentals. Plenty of cash and a low cash burn rate considering the field its in, is quite rate.
Good luck all.
LEX announcement, worth a read, i think they might be onto something here
