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The latest update is out from Dimerix Limited ( (AU:DXB) ).
Dimerix Limited has announced the issuance of 2,842,233 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DXB. This move is part of the company’s strategy to capitalize on options being exercised or convertible securities being converted, potentially strengthening its financial position and market presence.
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 and commercialization of innovative therapies for unmet medical needs. The company is primarily engaged in creating pharmaceutical solutions that target specific diseases, leveraging its proprietary technology to enhance treatment efficacy.
Average Trading Volume: 3,275,942
Technical Sentiment Signal: Buy
Current Market Cap: A$300.1M
Find detailed analytics on DXB stock on TipRanks’ Stock Analysis page.