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Dimerix Limited ( (AU:DXB) ) has issued an update.
Dimerix Limited has announced the issuance of 12,350,583 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing development projects, potentially impacting its market position and offering opportunities for stakeholders.
The most recent analyst rating on (AU:DXB) stock is a Buy with a A$1.36 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 developing innovative therapies for unmet medical needs. The company is primarily engaged in the research and development of pharmaceutical products, with a market focus on addressing chronic diseases.
Average Trading Volume: 3,020,318
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$336.9M
Find detailed analytics on DXB stock on TipRanks’ Stock Analysis page.