Too many panic merchants in this stock!
The prudent investor will wait to see what is involved.
If its a strategic placement with a distributional partner, it will be a great vote of confidence in how DXB is travelling and clarity re funding for the rest of Action 3.
If its a conventional raise because of no milestone payment - as Bunter suggests - it will be disappointing.
Given that there is now a focus on 'executing' multiple term sheets into licenses, I doubt it is the latter, as that would be premature in the circumstances.
My money is on the former - a strategic placement.
Too many panic merchants in this stock! The prudent investor...
-
- There are more pages in this discussion • 224 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DXB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
55.0¢ |
Change
-0.060(9.84%) |
Mkt cap ! $302.3M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 61.0¢ | 55.0¢ | $2.309M | 4.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 137019 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 22500 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DXB (ASX) Chart |