Hi Vintage,
Just a thought…the last of the convertible notes were converted late last week, balance zero as per ANN. Nice profit if Mercer Street Capital were offloading (20c per share @31c). I don’t know how this stuff works, but it’s a very good profit for them if that’s the case. We are at where we need to be cash wise. Is it so easy to raise $20 mill?
This raise at the last SP 30c before results hit isn’t a discount, they could have demanded a VWAP average but didn’t. There were no attached options. I think people have forgotten DXB presented to Euroz recently prior to results & for that amount of money to be thrown at DXB, well I reckon that’s a good thing.
For sure incredibly disappointing a run on SP on results TH that day, but I think we would have been TH anyway in hindsight. It would have been nice if you were selling, this is a ‘strategic raise’. Ie look at goals now in the most recent Investor preso today.
I agree that the dialogue has changed, you need the cash backing at this stage in licensing discussions & opportunity to deflect low ball offers. I’m pretty sure Dr Nina Webster knows what she is doing. Doing the raise so soon, & continuation of Ph3. Rumour has it interest from USA, but that’s only what I have read here. $34-40 mill in the bank is a better look than an empty tank!
I have also 1/2 read a whole heap of BS on this board this morning. It’s just phenomenal, next level rubbish & 1/2 guesses!
Yesterday HC was apparently under a DDOS attack, so gave up even trying to look at this site or posts. Catch up later.
Have a good day everyone.![]()
- Forums
- ASX - By Stock
- DXB
- Ann: Dimerix to Present at Euroz Hartley Institutional Conference
Ann: Dimerix to Present at Euroz Hartley Institutional Conference, page-25
-
- There are more pages in this discussion • 13 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
|
|||||
Last
61.5¢ |
Change
-0.030(4.65%) |
Mkt cap ! $338.0M |
Open | High | Low | Value | Volume |
65.0¢ | 66.5¢ | 60.5¢ | $3.514M | 5.580M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30375 | 61.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.0¢ | 9738 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30375 | 0.615 |
2 | 49420 | 0.610 |
16 | 433070 | 0.605 |
18 | 253977 | 0.600 |
4 | 51500 | 0.595 |
Price($) | Vol. | No. |
---|---|---|
0.620 | 9738 | 1 |
0.625 | 50000 | 1 |
0.630 | 24956 | 2 |
0.635 | 113533 | 3 |
0.640 | 40456 | 4 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
61.8¢ |
  |
Change
-0.030 ( 4.28 %) |
|||
Open | High | Low | Volume | ||
65.5¢ | 66.5¢ | 60.5¢ | 2892696 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
DXB (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online