DXB 1.98% 49.5¢ dimerix limited

Ann: Notification of upcoming expiry of Unlisted Options, page-8

  1. 821 Posts.
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    It is not about me, it is about the way company raised. If I go through a few incidences happening of late.
    1. We signed a deal worth more than $200 million with $ 10 million in advance and rest on fulfillment of few other mile stones.
    the sp moved positive and it goes from around 9 cents to 20 cents.

    Then suddenly it goes from 20 cents to 30 cents and we get a news that interim results are positive.

    now here are two questions why sp moved from ,20-30 cents ( is there a leakage of news to a few)
    Noe company straight away called for a trading halt and raised money at market price.
    If the company let the news get some positivity reflect on the sp, we may be getting beyond 40 cents which means a lot of pending options could had been honoured.
    that way it may be fair for those investors who invested in company 2 years ago without any news.
    The new investors invested after the news and if company waited for 2 months to raise we need to liquidate much less than what we did.
    So the only reason I can think about here is company is trying to make sure those options lapses while giving honourship of company to favoured people. And without fail that was 20% worth of company at that time.
    So as an independent person I assume company played unfairly.
    But saying that market is run with greed and even after those reasons I am not selling my shares.


 
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