DXB 7.46% 36.0¢ dimerix limited

BT6487 - you are getting your trials mixed up. It was the FSGS...

  1. 13,380 Posts.
    lightbulb Created with Sketch. 2591
    BT6487 - you are getting your trials mixed up.

    It was the FSGS Phase 2a result that shot the share price from 38c to a high of 77c which was then torn down by the DKD Phase 2 results.

    On-going understanding of the positive FSGS Phase 2a was then lost in the 'noise' of the reaction to the DKD results just 6 weeks later. Illogically, the FSGS trial got tarnished with the same brush.

    The March interim reading is ONLY to do with the so-far positive FSGS trial - not the so-far neutral DKD trial.

    This confusion over the trials is why DXB has been such a great opportunity.

    I expect an even bigger response with a positive outcome for Phase 3 than was experienced with the Phase 2a - partly because it is from a much lower base (than the 38c immediately prior to the Phase 2a results announcement).
    Last edited by vintage: 01/02/24
 
watchlist Created with Sketch. Add DXB (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
0.025(7.46%)
Mkt cap ! $197.8M
Open High Low Value Volume
34.0¢ 36.3¢ 33.5¢ $3.801M 10.73M

Buyers (Bids)

No. Vol. Price($)
1 20000 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 378856 6
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
36.0¢
  Change
0.025 ( 7.33 %)
Open High Low Volume
33.5¢ 36.5¢ 33.5¢ 5557634
Last updated 15.58pm 03/05/2024 ?
DXB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.