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34.0¢ dimerix limited

Ann: Trading Halt, page-190

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13,386 Posts.

2597

12/03/24

08:59

Post #: 72849307
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Originally posted by stradzz ↑

$20 million extra in cash may be a great thing to have but LTH’s now have to share their long awaited profits with 60 million new shareholders. No matter how you look at yesterday’s two announcements you cannot help but think there was a leak. Yes they released results first but to have a capital raise organised and released to the market 20 minutes later suggests it was planned in advance despite DXB assuring shareholders that we had enough cash.Yes share price will increase from here but we are now diluted by a further 60 million shares. If they had waited a month could have raised at 60 cents or more. No matter how you look at it yesterdays CR was poor judgement by management and a big F - you to LTH’s.

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Isn't it only 20M shares @ 30c to raise $6M. Pretty insignificant dilution.

DXB Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 34.0¢		Change -0.005(1.45%)		Mkt cap ! $189.6M

Open	High	Low	Value	Volume
34.5¢	35.5¢	34.0¢	$457.8K	1.315M

Buyers (Bids)

No.	Vol.	Price($)
18	611944	34.0¢

Sellers (Offers)

Price($)	Vol.	No.
34.5¢	85745	8

View Market Depth

No.	Vol.	Price($)
18	613856	0.340
10	182131	0.335
10	341051	0.330
8	364177	0.325
9	311982	0.320

Price($)	Vol.	No.
0.345	76287	7
0.350	71837	4
0.355	54888	3
0.360	279319	5
0.365	220000	3

Last trade - 11.57am 22/05/2024 (20 minute delay)


Last 34.0¢			Change -0.005 ( 1.45 %)
Open	High		Low	Volume
35.0¢	35.5¢		34.0¢	679319
Last updated 12.02pm 22/05/2024 ?

DXB (ASX) Chart

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