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Dimerix Limited Announces Quotation of New Securities on ASX

Story Highlights
  • Dimerix Limited focuses on developing therapies for kidney and respiratory diseases.
  • The company quoted 457,377 new securities on the ASX to strengthen its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dimerix Limited Announces Quotation of New Securities on ASX

Confident Investing Starts Here:

Dimerix Limited ( (AU:DXB) ) has shared an update.

Dimerix Limited announced the quotation of 457,377 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code DXB. This move is part of the company’s strategy to enhance its capital structure, potentially improving its market position and providing additional resources for its ongoing pharmaceutical development projects.

The most recent analyst rating on (AU:DXB) stock is a Buy with a A$1.33 price target. To see the full list of analyst forecasts on Dimerix Limited stock, see the AU:DXB Stock Forecast page.

More about Dimerix Limited

Dimerix Limited operates in the biotechnology industry, focusing on the development of pharmaceutical products. The company is primarily engaged in creating therapies for unmet medical needs, particularly in the areas of kidney disease and respiratory conditions.

Average Trading Volume: 3,224,904

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$332.2M

See more data about DXB stock on TipRanks’ Stock Analysis page.

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