I agree it's not sustainable.
Would love to hear your rationale behind why it's DXB. Canaccord are raising the funds at 20c. According to the AFR website "The investment from Merchant comes only 12 days after the fund manager began raising for its dedicated biotech fund, which is aiming to raise $250 million" & "former Worley Parsons executive Peter Meurs, who is taking $3.5 million of the placement".
When I look at OOK, the reasoning behind the pump and the dump is clear. S3 are a Top 20 shareholder, and we all know how they operate.
So you are either a crazy punter or you know something.
https://www.copyright link/street-talk/merchant-peter-meurs-cornerstone-20m-dimerix-raising-20210812-p58i7k
Next Investors next pump stock?, page-67
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