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29.0¢ dimerix limited

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

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88888acct

706 Posts.

638

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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(20min delay)
Last 29.0¢		Change 0.000(0.00%)		Mkt cap ! $159.3M

Open	High	Low	Value	Volume
29.0¢	29.0¢	27.5¢	$631.5K	2.213M

Buyers (Bids)

No.	Vol.	Price($)
1	8582	29.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.5¢	50910	6

View Market Depth

No.	Vol.	Price($)
1	8582	0.290
8	221973	0.285
2	123787	0.280
11	286447	0.275
14	552445	0.270

Price($)	Vol.	No.
0.295	50910	6
0.300	390203	5
0.305	203711	5
0.310	200000	2
0.315	71238	3

Last trade - 16.10pm 19/04/2024 (20 minute delay)


Last 29.0¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
29.0¢	29.5¢		27.5¢	1588896
Last updated 15.57pm 19/04/2024 ?

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