The market value is just over 300 million, which is still underestimated for a phase III clinical drug. It should be at least 500-600 million conservatively and may be close to 1 billion in a bull market before the readout, so it should be at least $1.2 dollars. Of course, cu6 with 1.6 billion market cap just started phase III. The recent rise of DXB is not due to pump and dump, Very reasonable
DXB - Research & Valuation, page-189
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Last
58.0¢ |
Change
0.025(4.50%) |
Mkt cap ! $305.1M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 59.5¢ | 56.5¢ | $443.4K | 762.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 66996 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 88343 | 4 |
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| Last trade - 10.28am 20/06/2024 (20 minute delay) ? |
| DXB (ASX) Chart |