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2.70%

7.2¢ dxn limited

Ann: Update on DC Alliance Placement, page-12

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AH910

289 Posts.

37

16/12/21

13:20

Post #: 58338191
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Originally posted by Ubl0xm ↑

Another classic DXN fail. See if this promise of light at the end of the tunnel gets hit by the dimmer switch. Talk about clumsy! How about getting clearance from the FIRB before putting out your marvelous story to the market. No mention of the $1.25M being subject to FIRB approval in the announcement. Pathetic work by the BOD but no doubt their snouts will be in the incentive trough to soak up some of that freshly raised capital. Trust in future announcements just about zero.

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Except of course this line in the 9th Sept announcement: "DC Alliance will also have an option to increase its investment in the Company by a further placement of $1.25 million worth of shares, subject to FIRB approval being obtained by DC Alliance by 15 December 2021"

DXN Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.2¢		Change -0.002(2.70%)		Mkt cap ! $16.81M

Open	High	Low	Value	Volume
7.3¢	7.4¢	7.2¢	$25.25K	348.5K

Buyers (Bids)

No.	Vol.	Price($)
2	70267	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	50000	1

View Market Depth

No.	Vol.	Price($)
2	70267	0.071
3	300000	0.070
1	70000	0.069
1	44132	0.068
1	200000	0.067

Price($)	Vol.	No.
0.076	50000	1
0.078	8410	1
0.080	15241	3
0.081	11000	1
0.083	117451	1

Last trade - 15.42pm 05/11/2024 (20 minute delay)

DXN (ASX) Chart