BOT 8.70% 31.5¢ botanix pharmaceuticals ltd

Man - relax people. One of the best comments of the past couple...

  1. 324 Posts.
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    Man - relax people. One of the best comments of the past couple of days, and I forget who made it was:

    4c means a lot less when the stock is at $1. The path to a dollar is unknown, but if you’re not on that path and these moves are infuriating you, I think you might be on the wrong train.

    I won’t deny, I’m disappointed, as it would have been nice to have this amazing news more sensibly reflected in the share price, but it’s like a private equity position, the news is good the company is achieving milestones, it’s just a matter of time. If you’re a long horizon holder and the day moves bother you, turn the screen off. Otherwise reassess exactly what your expectations are and over what time frame.

    the selling is likely a big holder that was waiting for the news to create liquidity to sell into and that’s exactly what they are doing. It’s technical and once they’re done it’s anyone’s guess
    Last edited by same1: 05/02/21
 
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Last
31.5¢
Change
-0.030(8.70%)
Mkt cap ! $570.1M
Open High Low Value Volume
34.5¢ 34.5¢ 31.5¢ $6.354M 19.19M

Buyers (Bids)

No. Vol. Price($)
13 286322 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 28500 1
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
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