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52.5¢ dimerix limited

Why some rushing to sell for peanuts. If all goes well $1-1.5b...

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frenchfries57

387 Posts.

103

08/04/24

12:54

Post #: 73238700
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Originally posted by ajc40: ↑

There's no way the US and other territory deals will come after the next 200 read mid '25. Two reasons:

1. Time is ticking to start testing 200 for other indications, and we need to advance 700 asap. More cash is required for both of these.
2. Global companies require time to prepare manufacturing forecasts, marketing materials, train up sales staff to sell etc. If we get early approval for marketing mid next year, both DXB and their distribution partners will want to hit the ground selling ASAP. There's more money in selling ASAP, than any upside to DXB by waiting for more 'leverage' post the second reading.

Also, saw somebody concerned that we need price to rise or we'll be at risk of takeover at $300m. I know for a fact that enough major shareholders wont sell for less than $1-1.5b, some on the higher side of that.

It's just a matter of time for deals, expanded testing, and hopefully a life changing takeover.

GLA

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Why some rushing to sell for peanuts. If all goes well $1-1.5b doesn't even value Europe let alone the major US and China.

DXB Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 52.5¢		Change -0.015(2.78%)		Mkt cap ! $288.8M

Open	High	Low	Value	Volume
53.0¢	54.0¢	51.0¢	$1.930M	3.666M

Buyers (Bids)

No.	Vol.	Price($)
1	136	52.5¢

Sellers (Offers)

Price($)	Vol.	No.
53.5¢	28650	2

View Market Depth

No.	Vol.	Price($)
1	136	0.525
2	414653	0.520
5	523978	0.515
10	583975	0.510
7	72242	0.505

Price($)	Vol.	No.
0.535	28650	2
0.540	48239	2
0.545	39073	3
0.550	304563	12
0.555	70960	3

Last trade - 16.10pm 18/07/2024 (20 minute delay)

DXB (ASX) Chart