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20:50
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Originally posted by happy chappy:
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Unkind and ill informed. SMX has been contributing accurate informed posts from when she decided to be invested in DXN at 16.5c . So for her there has not been a rapid turn around of cash flow . She has posted an accurate assessment that it is good to see the signing of more contracts and the need to flick off Melbourne and that this contract today is a positive outcome .The $ 1million deal adequately covers the $ 700,000 contract DXN cancelled last week . She still has a holding in the hope that DXN will do what it appears to be doing , unlike the many many previously badly burnt shareholders still wanting to get out . They are the ones wrecking the share price with the need for a fund manager to come in and clean them out of here . Until then good results like today will be discounted by them using it as a way to exit this stock . I believe that it will take more good news than normal to lift the share price due to the situation that the previous recalcitrant management steered this company into. I agree with you that today has been a very encouraging day ,thanks to Mathew and his team . Cheers.
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Happy Chappy: DXN cancelled a contract worth $270,000....Not $700,000......this cancellation will have no effect on our balance sheet as it was never factored into begin with.
