I think there will more than just a hint of efficacy with what we know from the interim results.. For most instos. The small market cap and lack of liquidity will preclude them. Liquidity in particular I believe have kept US funds in particular away from smaller asx biotech opportunities.. So once DXB gets to the next level , $50-100M - that should start to change .. Which is how things can pop to $200-300M (results being favourable) pretty quickly..
The company botched it up by setting such a high hurdle to get over with this study. For a ph2a that is primarily a safety study- why they would set a threshold of 50% reduction ABOVE standard of care is beyond me.. If they had set a lower threshold but one that was still clinically relevant, maybe the % "responders" would have been much higher in the interim release and the market would have taken more notice to date. Anyway- the proof is in the results to come.. But perhaps if they had managed the proteinuria benchmark better, and not waited so long after the interim release (which obviously didn't hit a nerve with the market) to do the CR, they might have raised $5M at 2c after the interim with 250M shares rather than $2M at 0.6c with 333M shares.. they have another chance now to get it right with the reporting of the full results- let's hope they do..
- Forums
- ASX - By Stock
- DXB Share Price
I think there will more than just a hint of efficacy with what...
-
- There are more pages in this discussion • 138 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXB (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
-0.010(2.20%) |
Mkt cap ! $247.9M |
Open | High | Low | Value | Volume |
45.0¢ | 45.8¢ | 43.8¢ | $701.3K | 1.564M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 111371 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 8072 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 101372 | 0.445 |
3 | 27220 | 0.440 |
2 | 18293 | 0.435 |
6 | 51845 | 0.430 |
6 | 387379 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 8072 | 1 |
0.455 | 84560 | 4 |
0.460 | 200220 | 8 |
0.465 | 109385 | 4 |
0.470 | 37223 | 4 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
DXB (ASX) Chart |