They knew exactly what they were doing. Anyone who did any DD would have known what direction a funded multiple phase 3 Co. with a $36M MC was headed. Even after the selloff last year, the absolute lowest price was 18c. Prior to the progress of REMAP-CAP, acceptance of Clarity 2, Follow up of DKD analysis, Innovation Passport and ILAP status, Accelerated FDA approval on FSGS and Study design approval, use with endothelin A inhibitors inc. patent applied.
There were several investor presentations released with "hope" of partnerships. If the rest of us lost interest they would have been raising at 10c
I put my money in on the first day. I'm happy we got funding and can now progress, but as it was put previously, it is dilution away from existing holders who should be rewarded, including any who came in on the several rehashed investor presentations. I know Insto's will get the lions share, and retail raising is harder, but a 83/17 split is a bit rude, especially when there was provisions to offload any shortfall back to the insto's anyway.
- Forums
- ASX - By Stock
- DXB
- Ann: Dimerix Closes SPP Oversubscribed
Ann: Dimerix Closes SPP Oversubscribed, page-29
-
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXB (ASX) to my watchlist
(20min delay)
|
|||||
Last
51.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $280.6M |
Open | High | Low | Value | Volume |
51.5¢ | 54.5¢ | 51.0¢ | $1.715M | 3.301M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 365433 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.5¢ | 19658 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 348488 | 0.510 |
7 | 159577 | 0.505 |
9 | 326933 | 0.500 |
6 | 141020 | 0.495 |
8 | 79503 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 4807 | 1 |
0.535 | 6099 | 1 |
0.540 | 230559 | 3 |
0.545 | 8075 | 2 |
0.550 | 19750 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
DXB (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online