DXB 1.97% 38.8¢ dimerix limited

Ann: Quarterly Appendix 4C and Activities Report, page-70

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  1. 1,583 Posts.
    lightbulb Created with Sketch. 553
    Two points from the release worth thinking about.

    1. They state that their current funding will suffice (as mentioned above, 22m plus R&D, plus options conversion.... plus potential deals should get the company to the success/failure point)
    https://hotcopper.com.au/data/attachments/6332/6332502-8f57f8f63f43f89df87251943ba83e02.jpg

    2. When they talk about "being in negotiations", this means that the due-diligence phase for some potential partners is complete and now its about agreeing on the financial and other parts of the deal. This could drop at any time.
    https://hotcopper.com.au/data/attachments/6332/6332504-b6a14169d53c73e985ea3af55db46c96.jpg
    Fes
 
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