DXN General Discussion, page-23

This is really amusing stuff. The spruikers are thrilled because they see the share price go from 1c to 2c and it's all rainbows.

Yet over circa 2 years the company has dusted tens of millions and just when it was about to go into VA did one final, massively dilutionary, raising to keep it alive.

They sign module contracts to show revenue but then lose money on those contracts and have to raise new equity every few months to stay afloat. That is not a business model.

They have no data centre business on the mainland. None. They built a sub scale shipping container in Sydney that no customer is interested in. What was the contract there? Something like $70k. Tasmania has no growth.

"Read the quarterly" .. thanks, really insightful stuff SallySet. That's definitely where all the best money managers work from to assess company value.

I'd prefer to look at the information and use my brain - which even if it lacks all the accounting and financial education that you allege - can read and understand the absolute annihliation of capital that this business has achieved. The very same, unchanged, business model that you are now saying is on its way to glory. Nothing has changed other than buying a Tasmianian DC that won't grow.