DXN 1.39% 7.3¢ dxn limited

Ann: DXN Delivers Sydney Data Centre, page-20

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  1. 985 Posts.
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    DXN down 83% from IPO, think it's on par with LON hence opinions are equally worthy (worthless).
    Seriously though, I didn't phrase it nicely, but you must see that admin is a very real possibility. They are expecting to spend the rest of their money in the next couple of quarters, the share price is so low a cap raising is almost impossible now, and they haven't sold any capacity at this super small DC. None. There is loads and loads of DC capacity already in the market, 1MW is a drop in the ocean. Literally a drop. And even with a desperate need to sell they haven't been able to, so they are in extreme straits and don't know why you all can't see it. Bizarre just read the 4Cs and look at the 83% decline
    Last edited by HotCopter: 23/08/19
 
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