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14/03/24
17:20
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Originally posted by Duke2:
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That proves my point.. DXB, at MC of 25M got a deal 20% of their MC. Not at 150% which it seems most here are expecting. This study has essentially added nothing to what we already knew, and yet somehow it is the catalyst for a 70million dollar upfront deal with 100s of millions in milestone payments. The company has been pumping a deal for a while now and for some reason the share price has not turned into a 'skyrocket'. Why is that? The broader market don't believe it and/or are clearly fed up with this one. I think they're pumping for a raise or ultimately a small 5-10million dollar deal which won't move the needle.
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not 25% but more like 40% of their MC