DXN 2.27% 9.0¢ dxn limited

Ann: DXN Delivers Sydney Data Centre, page-25

  1. 758 Posts.
    lightbulb Created with Sketch. 43
    yeh. “I’m a prospective GM Looking to build my career in the datacentre business. I’m going to sign a contract with a company that is about to go into administration. I have done no research on the company that I’m going to work for therefore I do not know that they are about to go into liquidation.”

    Or “I run a fund which focuses on buying assets that are under priced in the market. I can see this company is going to go into liquidation so I’m going to buy 50 million shares from Macquarie, Just before it goes into liquidation.”

    Totally makes sense Doesn’t it.

    I do agree that money must be tight now. And I’m not sure what the plan will be. But I cannot imagine the above two things happening if the company was about to go into liquidation.
 
watchlist Created with Sketch. Add DXN (ASX) to my watchlist
(20min delay)
Last
9.0¢
Change
0.002(2.27%)
Mkt cap ! $16.82M
Open High Low Value Volume
9.1¢ 9.1¢ 9.0¢ $39.23K 432.7K

Buyers (Bids)

No. Vol. Price($)
1 7862 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 125608 2
View Market Depth
Last trade - 15.24pm 24/07/2024 (20 minute delay) ?
DXN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.