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3.16%

40.8¢ dimerix limited

Ann: Dimerix presentation at Bio Connections Australia, page-30

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unitfree2

931 Posts.

132

31/07/24

10:49

Post #: 74998981
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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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If a CR was such a strong possibility why was the Middle East deal done with such a low up front cash component and much higher royalty.

DXB Price at posting: 43.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 40.8¢		Change 0.013(3.16%)		Mkt cap ! $222.8M

Open	High	Low	Value	Volume
39.0¢	41.0¢	39.0¢	$919.3K	2.284M

Buyers (Bids)

No.	Vol.	Price($)
4	186656	40.5¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	92608	10

View Market Depth

No.	Vol.	Price($)
5	193956	0.405
6	143512	0.400
3	39170	0.395
7	86245	0.390
8	167062	0.385

Price($)	Vol.	No.
0.410	90508	10
0.415	83914	5
0.420	168400	7
0.425	95200	5
0.430	79044	5

Last trade - 15.06pm 09/10/2024 (20 minute delay)

DXB (ASX) Chart

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