DXB 0.00% 38.0¢ dimerix limited

BetheballAgreed. The company said:Answer: Yes, the Company is...

  1. 1,886 Posts.
    lightbulb Created with Sketch. 293
    Betheball
    Agreed. The company said:

    Answer: Yes, the Company is sufficiently funded to continue its operations and meet its
    business objectives. The Company will continue to maintain eligibility for nondilutive
    funding through the R&D Tax Incentive scheme, as well as evaluate its capital
    requirements and options.

    As it got $8.9 million R&D rebate in 2023 on a smaller spend it is likely to get a much bigger R&D cash payment for 2024.... and there are still a few options to be exercised at only $0.154.

    If a distribution agreement is signed in the next few months that will add to the coffers! but is it desperately needed???... likely not.

    Those who have been selling recently based on a possible CR will buy back soon............... at well over what they sold for !!
 
watchlist Created with Sketch. Add DXB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.