For now, they got enough money to keep going for next few months. At least until FDA meeting and its outcome.
i think by the time they will have couple of good news to throw out from sideline to creat momentum for future raising.
Frankly, I won't mind whenever they raise capital. I bought at current price after the results, which i have analysed well on day one. MC now is pretty reasonable. I believe drug is working well and most importantly without any side effects. Yes, issue with US trials but if it did not stuff up due to suppliers, myself and current buyers had no chance to get BOT below 50c.
US manufacturing issue now been solved & believe they still have good cards in hands to convince FDA to initiate Phase 3 study.
Saying all this, pro knows that they wont get other chance to get BOT at this price and so will try their best to keep SP at low and soak as many shares as possible from retails. I have bought shares in my MT-LT portfolio and so won't mind to wait for a year or two.
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $651.6M |
Open | High | Low | Value | Volume |
37.0¢ | 37.0¢ | 35.5¢ | $1.160M | 3.215M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 292568 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 208480 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 292568 | 0.355 |
17 | 583260 | 0.350 |
5 | 676800 | 0.345 |
12 | 245107 | 0.340 |
5 | 416825 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 213859 | 11 |
0.365 | 462009 | 9 |
0.370 | 939729 | 9 |
0.375 | 447500 | 5 |
0.380 | 861508 | 13 |
Last trade - 14.02pm 19/08/2024 (20 minute delay) ? |
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BOT (ASX) Chart |