DXN 0.00% 7.7¢ dxn limited

Ann: Trading Halt, page-4

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  1. 134 Posts.
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    I suspect its related to the raise and I have every expectation that we are going to be diluted heavily now unless we participate in the raise. Even with government assistance I think they need the money. I doubt sales would have improved with the economic situation being what it is.

    As always I am a glass half full kind of guy. The current market cap is less than half of what their assets are currently valued at. So technically its a very oversold stock, but then again maybe trying to value this technically is waste of time until they can demonstrate that they are breaking even.




 
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