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45.8¢ dimerix limited

**35.6% ABOVE standard care (irbesartan) which is 24% when...

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88888acct

709 Posts.

649

10/12/19

17:10

Post #: 41894968
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Originally posted by 88888acct: ↑

Yes.

Peers post Ph 2b success:
- PAR - Ph 2b success awaiting Ph 3 trial approval $711.5m MC;
- OPT - Ph 2b success awaiting Ph 3 trial approval $809.9m MC.

Undervalued bios have typically run in the lead up to the phase 2 results. E.g. Paradigm released their Phase 2b data on the 18th of December 2018, the closing share price before the announcement was $1.29. 3-month prior $0.946-month $0.67; and12 month $0.24. BTW 0.24 was $47.7m MC - just to highlight how undervalued we are here. It ran to $200m prior to release.

As for OPT, that was $200m prior to results also - end markets of OPT and PAR are not dissimilar.

Stating the obvious here but,Dimerix currently sits 6 months before not one, but two phase two readouts right now. Should see a rerate over next few months given we are at 19.5m EV (could be up to 10x higher based on peer analysis) and a massive rerate upon success. Crazy risking when you think diabetic subset of ph2a achieved 35% and this trial just needs 30% improvement.

8's.

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**35.6% ABOVE standard care (irbesartan) which is 24% when administered alone - Ph 2a combined ~60%.

DXB Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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Last 45.8¢		Change 0.023(5.17%)		Mkt cap ! $249.1M

Open	High	Low	Value	Volume
44.0¢	46.5¢	42.5¢	$947.8K	2.138M

Buyers (Bids)

No.	Vol.	Price($)
7	50653	45.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	53088	7

View Market Depth

No.	Vol.	Price($)
8	57701	0.455
8	164467	0.450
6	173508	0.445
6	73497	0.440
4	89744	0.435

Price($)	Vol.	No.
0.460	30471	7
0.465	208223	9
0.470	160163	8
0.475	193325	7
0.480	71700	2

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