Dimerix Limited Issues New Shares to Optimize Capital Structure
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Dimerix Limited (AU:DXB) has announced the issuance of 41,710 fully paid ordinary shares following the cashless exercise of 250,000 unlisted options. This move aims to optimize the company's capital structure and enhance shareholder value, in compliance with the Corporations Act. The latest analyst rating for Dimerix stock is a Buy, with a price target of A$1.33. Dimerix operates in the biotechnology sector, focusing on innovative therapies for unmet medical needs, particularly in kidney disease and inflammatory conditions.
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