BOT 5.26% 36.0¢ botanix pharmaceuticals ltd

I've also been here for several years my gut feeling is in the...

  1. 213 Posts.
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    I've also been here for several years my gut feeling is in the short term the price will.. struggle to break through the 12c to 15c zone as the sophisticated investors from the recent raise take a 33-66% profit as the approval date gets closer. We may hit 20c at approval but then there will possibly be one more CR after approval which may hold the price down until we start getting revenue from sales.
    Im still very hopeful that with good sales from SB and further success with acne,
    rosacea and antimicrobial $4-5 is not unreasonable but we're probably going to be waiting 5 or 6 years for that.
    Just my opinion definitely not financial advice.
 
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