DXN 2.74% 7.1¢ dxn limited

Did I miss an announcement?, page-70

  1. 3,387 Posts.
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    I've taken a look at this company, but will not be investing. There are way too many red flags in my opinion, including management, a history of failed CR attempts, HC advertising, frequent typos in company presentations and dubious sales pipeline numbers being touted. I've been very torn on entering because the recent trading volume has been seriously impressive and the industry is amazing. But, the company is not. Their competitor Leading Edge DC is killing them. The share price could easily double from here on hype (from 7x FY20 rev to 12x FY20 rev), but the business is in a lot of trouble according to a colleague I have asked. Hopefully for shareholders, a rising tide lifts all boats because this is a great sector to be in.

    Good luck all, but I am staying on the sidelines for this one.

    T.E.P.
 
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7.1¢
Change
-0.002(2.74%)
Mkt cap ! $13.26M
Open High Low Value Volume
7.2¢ 7.3¢ 7.1¢ $5.471K 75.57K

Buyers (Bids)

No. Vol. Price($)
1 382 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 69633 2
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Last trade - 14.27pm 02/09/2024 (20 minute delay) ?
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