DMX Technologies (5CH.SG) off 2.8% at $0.52, pausing for breather after 52.8% surge over last two sessions fuelled by expectations of increased investor interest as digital media company’s ADRs start trading on OTCQX International from Sept 23, according to Dow Jones.

Stock still trading at hefty 1.38x P/B based on yesterday’s close vs 0.90x P/B before rally started. Despite robust volume in past two sessions, Kim Eng Securities, which has no rating, says DMX still faces risk of low trading liquidity in US: “ADRs have traditionally been thinly traded.”

Broker notes average trading value per stock on OTCQX in August only US$8.5 million ($11.3 million) vs almost U$40 million for average Taiwan Depository Receipt: “In addition, DMX currently trades at 30x historical earnings, lofty when compared to market benchmarks such as Cisco”, which trades at 17x historical, 13x forward earnings.

Orderbook quotes suggest support at $0.50.