DXN 2.27% 9.0¢ dxn limited

Ann: DXN Delivers Sydney Data Centre, page-32

  1. 2,477 Posts.
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    theoretically, yes.

    but DXN is not the company it was when it IPO'd. far from it. It over promised tech/infrastructure, and under-delivered management.

    there's a good reason it is currently priced at .05 and that's because right now this is a very VERY speculative stock. And there's a real possibility of CR on the horizon. And a CR at the current price, will, IMO, cripple the stock for good.

    I'm not saying DXN won't succeed. or that this won't be a 6 bagger at the current price. But I'd strongly caution against blind optimism at this point.

    I still maintain some exposure in this stock, but I sold about 80% of it.
 
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