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41.0¢ dimerix limited

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stokdog

6,124 Posts.

1063

13/09/16

11:49

Post #: 19117397
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Originally posted by Ahmed ↑

Not to worry champs..

10 million shares were traded in 5 transactions yesterday! Coincidence.. straight after the Appendix 3B stated someone had converted 10 million 1c unlisted options. Sold at an average 1.55c yesterday. Yes- these were part of the transaction to put Dimerix in the Sun Biomedical shell. Not too hard to figure out where they went.

Another 5 million dumped in one transaction today at 1.5c. Not many have that many to do that.. oh wait, another Appendix 3B today stating another 10 million 1c unlisted options converted. No surprises here guys.. The seller at 1.5c is the same and the remains of the 10 million converted options.

Similarly, ~3 million 0.7c options were converted and sold in a similar manner last week.

Those related to the deal are presumably taking an easy profit without consideration to the actual/potential value of the company. That's the markets.. so let's enjoy the fact that we can buy at 1.5c again.. If it were not for these transactions, I do not think we would have ever had the chance!!!

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@Ahmad
"Those related to the deal are presumably taking an easy profit without consideration to the actual/potential value of the company"

Why would those related to the deal be selling their shares? That concerns me a little?

DXB Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 41.0¢		Change 0.015(3.80%)		Mkt cap ! $228.4M

Open	High	Low	Value	Volume
39.0¢	41.5¢	39.0¢	$1.181M	2.922M

Buyers (Bids)

No.	Vol.	Price($)
4	260640	40.5¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	22838	1

View Market Depth

No.	Vol.	Price($)
4	260640	0.405
5	175640	0.400
1	22000	0.395
6	108922	0.390
4	120670	0.385

Price($)	Vol.	No.
0.410	22838	1
0.415	37039	1
0.420	48640	3
0.425	87440	4
0.430	64044	4

Last trade - 16.10pm 09/10/2024 (20 minute delay)

DXB (ASX) Chart

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