Solid post. Only disagree with one bit, which is Big Financials...

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Rwon4

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31/07/20

14:18

Post #: 46218171
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Originally posted by Quantify: ↑

Hopefully over the next few days, those on the Share Registry, who 'threw their toys out of their cots' these past few days, might gather them back up and secure them snugly.
Seems that what the Board had promised back in May, they have strongly delivered on, save a few small areas that are still works in progress and seem to be well in hand.

Now what do we have to look forward to...

Results of an EOI for possible Tender with the NSW Govt. Even if unsuccessful, there will be plenty more Govt. opportunities.

DXN's Tender partner, Southern Cross Cables have just been given formal access to the US after fitting out some Pacific Island Nations with DXN product and continuing on to the West Coast of the US. Watch this space carefully this next Quarter.

Largely overlooked with DXN is their possible access to Latin America in a BIG way. I won't spoil the party here but do your own research on this one. Very promising.

While you're at it, check out the Market opening up in Asia, where DXN already has an established presence.

Govts, both Australian and each of the States and Territories are 'Budgeting' $15Billion as a start from a Federal level alone, to beef up cyber security...Big Business and Big Financials are on the same page.

I believe the current Management are more than savvy enough to secure a strong proportion of what is on offer in many, if not all of these Market spaces.

Note here how DXN has ticked so many boxes in its product range and functionality.
Note that DXN is fully Australian owned.
Note that the Australian/State Govts. are currently trying to do as much as possible to get Australia up and running...and keep it there.

You do the 'Math'.....just saying.

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Solid post. Only disagree with one bit, which is Big Financials (Banks) being regulated to move into Australia Owned DCs. I'm assuming thats what you mean.

I've toured a Big4 Bank DC and it looks nothing like the DXN pictures I've seen which looks like a big shed with some modules. The level of physical security, on-site redundancy (i.e. connected to multiple grids, enough diesel to be without power for an entire week) and energy efficiency is incredible. Was told that passive cooling and not air con is used 90% of the year in Melb. So, chances of DXN DC being used for highly confidential / critical services is nil in its current state.

DXN Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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