Folks
Calm down about the CR !
Think of it as strategic- imagine you are DXB trying to negotiate an Agreement with Big Pharma for the US distribution rights and they know that the Trial will cost say, $30M to finish and DXB only has $14M in the bank- (yes and expecting a few Options that holders will cash in soon).
Who has the advantage there? Not DXB!
But with today's CR of $20M DXB now has cash of $34M!
Who now has the better bargaining position now?
looking forward to the next few days or weeks when Big Pharma sign up!
Cheers.
FolksCalm down about the CR !Think of it as strategic- imagine...
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Last
34.0¢ |
Change
0.020(6.25%) |
Mkt cap ! $186.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 35.0¢ | 31.0¢ | $2.231M | 6.607M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 952365 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 261785 | 4 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
34.5¢ |
Change
0.020 ( 7.81 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 35.5¢ | 31.0¢ | 3354417 | ||
| Last updated 15.58pm 29/04/2024 ? | |||||
| DXB (ASX) Chart |