DXB 10.3% 37.5¢ dimerix limited

Ann: Investor Presentation, page-157

  1. 13,381 Posts.
    lightbulb Created with Sketch. 2592
    "If management were so cautious with deals why did they sign thay last one pre readout????"

    That's pretty easy to understand! They needed the funding. To acquire $10M in non-diluting finance, when the share price was only 7c, was a coup for shareholders.

    Now that they are fully funded they can bide their time and be as 'cautious' as they want. For a micro cap start up, they are now in an enviable bargaining position.

    Nina mentioned 1-2 years for further deals so you can take that as a guide that they are not going to rush things. However, if one or more of those potential deal partners pays up it could happen any time.
    Last edited by vintage: 07/04/24
 
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