There's no way the US and other territory deals will come after the next 200 read mid '25. Two reasons:
1. Time is ticking to start testing 200 for other indications, and we need to advance 700 asap. More cash is required for both of these.
2. Global companies require time to prepare manufacturing forecasts, marketing materials, train up sales staff to sell etc. If we get early approval for marketing mid next year, both DXB and their distribution partners will want to hit the ground selling ASAP. There's more money in selling ASAP, than any upside to DXB by waiting for more 'leverage' post the second reading.
Also, saw somebody concerned that we need price to rise or we'll be at risk of takeover at $300m. I know for a fact that enough major shareholders wont sell for less than $1-1.5b, some on the higher side of that.
It's just a matter of time for deals, expanded testing, and hopefully a life changing takeover.
GLA
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6 | 108922 | 0.390 |
4 | 120670 | 0.385 |
Price($) | Vol. | No. |
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