I’ve been looking at BOT over the last few months and their MC of $700m, obviously a very different product (a cream that stops excessive sweating) but they recently received FDA approval in June and have now laid out a plan via Telehealth to and traditional sales to be in market late 2025, soft launch earlier in the year.
I see us following a similar trajectory, with FDA approval we should be at a minimum, 3x our current price. $6 ✅ BOT had FDA approval priced in and that may also happen with us and it’s a low bar for approval and should easily get over the line.
Obviously, Spontan will have a higher price point and in the short term larger potential market. (I do however see a day where everyone is buying a anti-sweat cream from their local chemist)
I don’t hold BOT yet as I’ve “gone in hard” on LTP, topping up when we hit $1.45 last month.
Things are about to heat up.
DYOR GLTAH
- Forums
- ASX - By Stock
- Spontan - I used it!
I’ve been looking at BOT over the last few months and their MC...
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.35 |
Change
-0.050(3.57%) |
Mkt cap ! $114.0M |
Open | High | Low | Value | Volume |
$1.43 | $1.43 | $1.33 | $509.7K | 374.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12442 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 2126 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.350 |
1 | 2350 | 1.345 |
1 | 2350 | 1.340 |
1 | 2510 | 1.335 |
3 | 6348 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.370 | 2069 | 1 |
1.375 | 200 | 1 |
1.380 | 2771 | 2 |
1.385 | 4229 | 1 |
1.390 | 18407 | 4 |
Last trade - 13.06pm 14/11/2024 (20 minute delay) ? |
Featured News
LTP (ASX) Chart |