DXN 0.00% 7.5¢ dxn limited

DCF valuation $0.08, page-279

  1. 5,903 Posts.
    lightbulb Created with Sketch. 1082
    Don't know where you are getting your debt figures from.

    14m to 18m in FY21???

    Here are the debt levels from the latest quarterly:

    https://hotcopper.com.au/data/attachments/2209/2209890-0ba05334108788d087e94070a9e763d8.jpg
    They owe ANZ $3.275million.

    They raised approx $5.9 million in April 2020.

    0.02 cents options are in the money. If converted, another approx $11.8 million to the company with associated share dilution.

    After purchasing the Hobart Data Centre, approx $4 million cash available.

    DXN is in a sound financial position for the remainder of the year will relatively low debt levels and NO convertible notes..
 
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