It's been discussed in previous discussions. For example, the average success rate at Phase 1 less than 10% but above 60% at Phase 3 (much higher due to confirmed safety and confirmed efficacy, albeit in a small, non- statistically significant sample).
The Advanz deal adds confidence re due diligence of Phase 2a and other matters.
If success was 100% likely, the SP would be above $1 now. Current price is an attractive risk-reward situation.
Dimerix (ASX: DXB) Discussion Thread, page-198
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54.5¢ |
Change
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Mkt cap ! $302.3M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.5¢ | 54.0¢ | $1.491M | 2.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 60336 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 170994 | 6 |
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