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36.0¢ dimerix limited

very helpful thank you Also, it’s worth repeating that a...

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betheball

1,180 Posts.

119

03/01/24

15:37

Post #: 71711464
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Originally posted by vintage: ↑

Yep - you are totally correct re the standard deviations and probability. But of course, there is just as much chance that the REAL outcome (ie in a statistically robust population) would be minus 43% (which would put a mighty rocket under the share price) as to be plus 20%.

Probability theory suggests it will be somewhere in between. And, of course, that is the purpose of Phase 3 - to identify just how much more or how much less than 17% is the added benefit of DXB-200.

Statistically, at the 95% confidence level, 55% of the potential outcomes (ie those between minus 43% and minus 10%) will fall within the required efficacy range.

But, of course, statistics do not tell the whole story. Clinical specialists, with a lifetime of experience with drug trials have seen enough encouragement in the Phase 2 (albeit with a small sample) to strongly recommend the Phase 3.

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very helpful thank you
Also, it’s worth repeating that a certain, not insignificant , number of patients opted to stay on the drug from the phase 2 study. Perhaps someone with a better memory would know the approximate number.
cheers

DXB Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

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(20min delay)
Last 36.0¢		Change 0.025(7.46%)		Mkt cap ! $195.1M

Open	High	Low	Value	Volume
34.0¢	36.3¢	33.5¢	$2.869M	8.142M

Buyers (Bids)

No.	Vol.	Price($)
7	179540	35.5¢

Sellers (Offers)

Price($)	Vol.	No.
36.0¢	96981	8

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No.	Vol.	Price($)
6	164540	0.355
9	164409	0.350
11	463694	0.345
9	879567	0.340
6	849466	0.335

Price($)	Vol.	No.
0.360	101110	4
0.365	199130	6
0.370	346108	13
0.375	378795	8
0.380	278131	7

Last trade - 13.39pm 03/05/2024 (20 minute delay)


Last 36.0¢			Change 0.025 ( 7.33 %)
Open	High		Low	Volume
33.5¢	36.5¢		33.5¢	4581578
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