Dimerix is valued at it's current amount based on a 20 or 30% chance DMX-200 becomes a blockbuster CKD drug...and it's at around FV IMO. I'm still positive and will be looking to load up at prices below 0.15. Let's not kid ourselves - it's a gamble on the phase 2b results and the opportunities that may come from that, unless a bigger pharma comes in beforehand! What's the odds we're playing with? I'm with Ahmed that the opportunity is a good one relative to others in this space.
DXB- Most Undervalued Biotech on ASX?, page-18
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44.5¢ |
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Mkt cap ! $245.0M | |||
| Open | High | Low | Value | Volume |
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| 5 | 65672 | 43.5¢ |
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| Price($) | Vol. | No. |
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| 45.0¢ | 17908 | 1 |
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