BOT - Botanix Pharmaceuticals

[greggles]

This might be naieve of me but how did people know the success trial news would be followed by a capital raising before the announcement?

I feel a bit dumb not knowing this info i would have sold at 200% instead of hanging onto my current 100% gain.

It is common for companies to raise capital after experiencing significant share price growth as they can do so with less dilution than would have been necessary at a lower price.

To raise a million dollars at a share price of 5c would require the issuing of 20 million new shares. At 10c it will require only 10 million new shares. Also, there is usually an increased appetite for a capital raising when a company has had good news and a share price increase recently. More people will see potential in the company and the possibility of further share price growth.

Nobody knows for sure when a company will try and raise capital but it can be useful to see how much cash they currently have available. If their reserves are low, a capital raising is more likely, and even more likely after good news when they can do so with less dilution, especially if more cash is needed to fund further research/drilling/expansion.

 

[HelloU]

new trials kicking off.......
(mainly posting this so it gets a 'new post' listing for a research heads up for peeps - as amends for something less nice earlier) I also put SM1 and CLV as a nice twin set for research LT.........(no SM1 thread for this)

 

[HelloU]

what I really mean is a leak of trial goodness will show on charts pretty quickly for DT peeps, and if true on results will be LT heaven...trial is a skin thing. Flagellation complete.

 

[HelloU]

CR all done...........issue 26Jun18

 

[So_Cynical]

CR all done...........issue 26Jun18

Whats the burn rate? when will they need more money?

 

[HelloU]

bio spec so they can always spend as much money as they can get.......they have no income (so no commercial products) but do have a number of products that , so far, have not sent the mice blind. cr was to increase the burn rate by having simultaneous trials underway...rather than take the next decade with drip feed trials. some products are secret...so blind faith is the investment strategy.....others are to do with delivery of medicines into the patient and acne/skin treatments.

burn matters little to me cos if products crash the whole thing is toast and worthless, if any of the trials are good then whatever more cr is required will have to happen - else worthless anyway. The bigger fear for me is that they stop doing cr....cos that means it is bust.

bullish atm, but better to regret not having put ur house on this, rather than regret putting ur house on it, imo.

 

[Miner]

bio spec so they can always spend as much money as they can get.......they have no income (so no commercial products) but do have a number of products that , so far, have not sent the mice blind. cr was to increase the burn rate by having simultaneous trials underway...rather than take the next decade with drip feed trials. some products are secret...so blind faith is the investment strategy.....others are to do with delivery of medicines into the patient and acne/skin treatments.

burn matters little to me cos if products crash the whole thing is toast and worthless, if any of the trials are good then whatever more cr is required will have to happen - else worthless anyway. The bigger fear for me is that they stop doing cr....cos that means it is bust.

bullish atm, but better to regret not having put ur house on this, rather than regret putting ur house on it, imo.

Sorry HelloU
How did you say bullish out of interest ?
The price is sliding downwards and I do not understand chart

 

[HelloU]

Sorry HelloU
How did you say bullish out of interest ?
The price is sliding downwards and I do not understand chartView attachment 87987

point on chart understanding.......me too, but I now understand I have no idea....again (and got slammed yesterday with cr allocation)
bullish cos they have 4 things on the go......if 1 gets up its prolly an evens bet, if more than one then it is in the money.......and the main one is a ball tearer if it gets up....if....if.....spec.....negative cash.....dice roll.......see ya

 

[HelloU]

btw....bloke driving this has a history of delivering......and he is heavy into it.

 

[Miner]

btw....bloke driving this has a history of delivering......and he is heavy into it.

Good. I noticed your tip is also on BOT and the share gone up by 7% already. Good luck and I will be watching BOT without fearing from a botched affair

 

[HelloU]

Good. I noticed your tip is also on BOT and the share gone up by 7% already. Good luck and I will be watching BOT without fearing from a botched affair

no no no no.....cannot go up yet.....not the end of the month yet.

also tipped this month (June) and it is down 45% or something for the month...wooden spoon. I tipped it before it announced a very unexpected CR, so it got hammered to drive vwap down, and then when the cr discount to vwap price was announced it got hammered again. Thats the spec life.

did you notice how I politely avoided mentioning ur affair

 

[Damian m]

I picked BOT for Feb 2019 stock comp. Im a newby, but with multiple phase 11 trials on the go, in an area where nothing new has happened for a long time, i am optimistic about BOT. Hopefully a good update or news to kick off a run in Feb.

 

[Miner]

Two announcements today :
https://www.asx.com.au/asxpdf/20190131/pdf/4427chq42jrrw8.pdf
https://www.asx.com.au/asxpdf/20190131/pdf/4427c7xqb149n1.pdf

 

[HelloU]

thx miner - big kiss on the cheek for u

they have a proposed product that is missing a side effect ......... the missing side effect is that it does not contribute to suicide.
(not a doctor so feel free to ignore this post - you will not be alone if you do)

 

[Ann]

I noticed this yesterday when I was looking at a list of Cannabis stocks. Looked interesting and it has been doing very well.
It may have a bit of selling pressure from now on looking at the Equivolume chart. I was looking to put it into my potential buy list but I think I can find stocks with less selling pressure to fight through.

 

[HelloU]

nuance ..... not a cannabis stock to me

(they do not use any plant stuff - they synthesize compounds - which is variance free - which helped with approvals - and if successful will help manufacture processes)

 

[greggles]

BOT has broken out after the release of two announcements dated yesterday and today.

Yesterday BOT announced that interim results from the BTX 1308 psoriasis Phase 1b mechanism of action study have confirmed that BTX 1308 has significant anti-inflammatory and immune modulating activity in skin disease. This is the first time in global research that mechanism of action data outlining how cannabidiol (CBD) exerts its multiple beneficial effects in skin disease, has been generated in a randomised clinical study.

Today the company announced new data from studies recently conducted with its antimicrobial product BTX 1801. The new studies have confirmed the findings of previous studies that cannabidiol has the potential to be a broad-spectrum Gram-Positive antibiotic and now show the potential for cannabidiol formulated as BTX 1801 to treat serious skin infections.

13c was a previous level of resistance and BOT has smashed through it on high volume to be currently trading at 17.5c. Not sure where it will end up but the previous all-time high of 21c reached in late January 2018 can't be far away given the recent price action.

 

[HelloU]

just employed new bloke at $500K ........ on the basis that he gets an additional $500K bonus if a "ownership change" is done within 6 months.

bloke specialises in "ownership change"".

 

[Gringotts Bank]

BTX1801 quickly kills staph and MRSA without resistance. I'm no infectious disease expert, but this sounds big. Yesterday's 46% rise seems to underestimate the importance of this ann.

 

[HelloU]

my head says 24th (US time) for queensland professor bloke talking somewhere (in the US) about some of the recent goodness - obviously u will need to check that for accuracy .......

(who thinks that oli got whatever vwap they needed? - or what ever the target measure was)