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28.3¢ botanix pharmaceuticals ltd

What do you all think is a good exit for the directors?$5 - in...

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Grainofsand

1,627 Posts.

1037

20/05/24

18:35

Post #: 73920409
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Originally posted by bajachris88: ↑

I can't remember where I read it, but if I recall right, BOT was backed initially by venture capitalists? (correct me if wrong), meaning that they'd be eventually looking for an exit for their investment. This means that a takeover could very well be an attractive open for the directors to achieve that exit and satisfy the venture capitalists.

But what would be the motivator to do it sooner than later, when if you wait a couple years, grow immensely in accordance with the predicted revenue growth?

Its like the situation of when we paid off those we bought sofpironium bromide from to buy out the liability to pay their royalties; if only they waited to keep their slice of the big pie to come.

What do you all think is a good exit for the directors?

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What do you all think is a good exit for the directors?

$5 - in my opinion. That'd give Matt C about $375m.

BOT Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 28.3¢		Change -0.003(0.88%)		Mkt cap ! $448.9M

Open	High	Low	Value	Volume
29.0¢	29.3¢	28.0¢	$589.6K	2.059M

Buyers (Bids)

No.	Vol.	Price($)
10	824189	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.5¢	353373	11

View Market Depth

No.	Vol.	Price($)
9	797189	0.280
21	864468	0.275
28	643770	0.270
15	496046	0.265
21	651816	0.260

Price($)	Vol.	No.
0.285	367534	12
0.290	493015	12
0.295	1335799	16
0.300	522628	18
0.305	308616	10

Last trade - 12.31pm 13/06/2024 (20 minute delay)


Last 28.0¢			Change -0.003 ( 2.81 %)
Open	High		Low	Volume
29.0¢	29.3¢		28.0¢	1228083
Last updated 12.50pm 13/06/2024 ?

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