There is probably the expectation of Uptime institute certification on the horizon also which may constitute some speculative buying?
We also have management incentivised to hit 30c SP by (May 20, I think). Even if they get half way there it will be a nice cap gain from here. Would have to expect some market friendly moves soon one would think.
My opinion is, take advantage of the sub 5 and 6 cents while you can as this will all seem like a distant memory within 12 months.
The SP moved 6% on only 50K volume yesterday. Imagine what will happen when it gets to some decent buying volume.
Would have to envision a couple of Cap Raises in the next 12 - 24 months so they will also want to pursure a stronger SP for that I reckon.
DXN Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
