Ah June, the month I expect big things to happen.
First up: BOT. June 21 is when the FDA result is expected to be announced. And since this is a Friday, we may not receive the news until after trading has ceased for the day. It may have to wait until Monday (the 24th). Will it be a Tradng Halt? Then we will have to wait an extra couple of days.
The result is almost certainly going to be positive and the share price should rise 50-100% from where it is now.
PLUS, once that risk is completely dealt with, there is a strong chance that Big Pharma will buy BOT, possibly doubling the share price again. And that could happen very quickly indeed.
I reckon that right now is the last realistic chance to get a position in BOT at a good price.
DTR is expecting to do a resource upgrade in the June quarter. And because this is one of 2 reource upgraes they will do this year (after not doing one before, instead simply relying on historical data), I expect the upgrade to be completed in June. I expect a significant increase in the resource, and this should change the share price remarkably - I reckon at least doubling the price.
Again, right now is the time to make sure you secure a position in DTR.
June is on and the End Of the Financial Year is just around the corner. Bring it on!
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