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39.0¢ dimerix limited

i guess you will be selling out tomorrow ? given SP is 43.5c now

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investor901

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30/07/24

16:46

Post #: 74986347
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Originally posted by stonkstrader: ↑

Honestly, I hate comments like this, just sounds eerily similar to 'its being manipulated' or 'its the shorters' everytime a stock goes down.

Not sure why anyone is tip toeing around it?

They released a relatively concerning 4c showing massive cash burn, sure they claim they were one off expenses. But what if the next quarter brings more one off expenses? Suddenly you need a CR. They also flagged an incoming tax credit or something but who knows? So expectedly we've had a massive sell off, whether it is an overreaction I am not sure, then you have people probably being stopped out after entering recently or taking an L as well as possibly taking profits considering it went up like 300% in just a couple of months, throw in some general negative sentiment in the stock market and bam DXB is down another 5% (is that 25% since the 4c?).

Personally I am pretty close to stopping out of this one. I am not losing sleep over it but it would want to hold 43/43.5 IMO. Break that and I suspect it is going into the 30s.

But sure, it is being "controlled" and "accumulated".

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i guess you will be selling out tomorrow ? given SP is 43.5c now

DXB Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 39.0¢		Change -0.015(3.70%)		Mkt cap ! $217.5M

Open	High	Low	Value	Volume
40.5¢	40.5¢	38.5¢	$313.0K	797.6K

Buyers (Bids)

No.	Vol.	Price($)
5	161047	39.0¢

Sellers (Offers)

Price($)	Vol.	No.
39.5¢	29357	2

View Market Depth

No.	Vol.	Price($)
5	161047	0.390
6	34788	0.385
6	108931	0.380
5	265000	0.375
13	306035	0.370

Price($)	Vol.	No.
0.395	29357	2
0.400	26528	4
0.405	102993	4
0.410	94999	4
0.415	100000	1

Last trade - 16.10pm 11/11/2024 (20 minute delay)

DXB (ASX) Chart

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