First thoughts are it was a knee jerk reaction by traders which initially drove the stock down and took profits - not what anyone here was expecting i think you could safely say.
On face value the result reported of 3 of 21 doesn't 'look great' optically but that's just for the 50% reduction or greater which is miles above retrophin - i imagine the remaining 8 patients also would have a fair reduction but just not as great as 50% be good to get some colour on them
I would expect a brief consolidation period maybe the remainder of the week and into next where trading stock is cleaned up and the market is able to digest the significance of the results provided.
Hopefully it starts to get some traction with real biotech money out of the states and can push higher from here relatively quickly.
- Forums
- ASX - By Stock
- DXB
- Ann: Positive interim analysis of DMX-200 phase II data-DXB.AX
Ann: Positive interim analysis of DMX-200 phase II data-DXB.AX, page-29
-
- There are more pages in this discussion • 192 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXB (ASX) to my watchlist
|
|||||
Last
40.0¢ |
Change
-0.010(2.44%) |
Mkt cap ! $220.2M |
Open | High | Low | Value | Volume |
41.5¢ | 42.0¢ | 39.5¢ | $839.4K | 2.070M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35000 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 83901 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35000 | 0.395 |
7 | 153879 | 0.390 |
8 | 193916 | 0.385 |
9 | 349785 | 0.380 |
5 | 212000 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 33901 | 3 |
0.405 | 22128 | 1 |
0.410 | 125260 | 4 |
0.415 | 154602 | 6 |
0.420 | 119006 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
DXB (ASX) Chart |