Folks
Calm down about the CR !
Think of it as strategic- imagine you are DXB trying to negotiate an Agreement with Big Pharma for the US distribution rights and they know that the Trial will cost say, $30M to finish and DXB only has $14M in the bank- (yes and expecting a few Options that holders will cash in soon).
Who has the advantage there? Not DXB!
But with today's CR of $20M DXB now has cash of $34M!
Who now has the better bargaining position now?
looking forward to the next few days or weeks when Big Pharma sign up!
Cheers.
Ann: Trading Halt, page-151
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Last
45.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $250.5M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.5¢ | 45.5¢ | $934.4K | 2.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 548864 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 35747 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| DXB (ASX) Chart |