If they want to make their 10%, that should put a floor on the SP of around 35c.
I interpret from the announcements that an additional deal(s) is close. The language has changed recently with the addition of 'execution'. The combination of a positive interim read-out AND a significantly strengthened balance sheet means their bargaining position is now much stronger than it was with Advanz - and they still got that over the line!
Nina also mentioned announcements re progress with 'secondary assets' - which I guess they now have funds for activating.
In short, some risk in being out.
Ann: Dimerix to Present at Euroz Hartley Institutional Conference, page-14
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