DXB 0.00% 38.0¢ dimerix limited

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    No one can predict SP, however best educated guess is that the SP will hover around 31C-35C until 31 March when most of the 12.6 Options will be exercised and cashed out. Up until 10 April the SP will be around 40C due to another round of Options with exercise price of 40C. The SP needs to be below 40C before 10 April so that these options expire without being excised (however I believe a small number will be still exercised if price remains stable near 40C). If the management is successful to secure US and China deal, I believe more appreciation SP will start.

    Institutional investors who missed out in recent CR are more keen to buy at current price (3-10% from CR) so game being played here so that retail and lose hands will sell at this level. Exercising 12.6 options and selling at 31-35C sill gives long term holders 120% profit de-risking their investment. This is what I understand the current DXB share price
 
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