DXN 4.29% 6.7¢ dxn limited

Ann: Capital Raising and Board Update, page-10

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  1. 2,596 Posts.
    lightbulb Created with Sketch. 1833
    Good news on the BOD resignations! I bet it was their call to extend the CR Date! it exploded in their face.

    I think this CR will still go ahead, pinnacle have them by the balls though.

    They would have seen the uncommitted contracts and sales coming up, so to, the other major shareholders, otherwise, they would have been the first to dump!

    Not point selling, but this is the last roll of the dice.

    They just simply have to sell as much space as they can in the DC and some modules.

    Not sure how long the $3 Mil WC is going to last the modules division. I hope they can manage their cashflow and get through this.


 
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