Ann: $5.9m Fully Underwritten Capital Raising to fund Hobart DC, page-23

I'm afraid this is where I find myself now.

Thrown too much already at this company, catching the falling knife over the last couple of years.

To be honest, I'm not that enthusiastic about the Idea of supplying low volume, high cost, logistically challenging modules to third parties. All it takes is for one install to go South and you've suddenly got a massive liability on your hands. In my mind the business case for manufacture, supply & install of low volume, third party DCs, in remote locations, is opaque at best, especially for a relatively small company with few resources. That side of the business might take off with a bang, but it also has the potential to cause some serious financial pain if everything doesnt go perfectly.

DXN is joining a couple of other (failing to thrive) speccies in my bottom drawer now