Hilarious. Typos and talking to a friend. Don't think the company is impressive? Have you seen what the new CEO achieved in the latest quarterly? See ASX Ann.
DXN has a very professional presence on the internet. Google DXN Limited and watch a bit of the transparency - Sydney Data Centre, Perth fabrication centre etc.
This coming from a DW8 investor waiting for the 4.5 cent party? You do know total revenues for DW8 in the March 2020 quarterly were below $80,000? My local pizza shop does triple this. And by the way, I think DW8 have less than $500,000 cash, so if they don't raise before next quarterly announcement - less than three weeks away - it would be a bigger surprise to me than the Donald becoming President. Congrats on signing up that Kombucha drink company and Henscke Btw. Huge inroads. And why are the DW8 crowd so quiet on the innovative distribution centre? Albury/Wondonga ?
I doubt Leading Edge have spare capacity to compete on the NSW tender as they are focused on finishing Newcastle. DXN have up to 55 module spare capacity at Perth.
I've listed the new CEO achievements at DXN ad museum on these threads, as verified by the ASX announcements.
DXN has spent $7 million plus on Sydney Olympic Park. $2.9 million on Tasmania. $7 million on Melbourne. Perth Manufacturing Facility Asset. Contracted revenue going into FY2021 is approx $3 million and increasing. Approx profit is $1 million.
DXN module build work for FY2020 is $7 million. My estimate is for at least $3 million cash at bank.
For a $33 million market cap, tangible assets, cash at bank, revenues and growth are all impressive - see ASX announcements.
Congrats to all holders. So much jealousy and envy!
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