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2.27%

8.6¢ dxn limited

Ann: Quarterly Activities & Cashflow Report, page-13

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lachyb

137 Posts.

25

30/10/20

14:53

Post #: 48531124
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Originally posted by b0bcat9: ↑

The new facility they mentioned should improve their Financials as they mentioned it will cost less to run while also increasing its supply output

Being able to produce more at a lower cost is exactly what this company needs

cash flows were down but they mentioned a delayed cash payment of 650k too

hinted at another miner contract

Kept mentioning seacable facilities so they must have something else brewing up there

not the financials we wanted to see now but as these newer contracts start being completed and those cash flows start pouring in DXN will rerate

Hold tight nearly at the end of the dark tunnel imo with enough cash and loan facilities to get DXN to a positive position

little bit more of hard work and trust in the management then I think we will all be satisfied, definitely appears to be a demand for their product which is always a good sign just need to successfully complete some of these bigger contracts which can lead to good relations with miners to allow for even more contracts

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I agree. MM was left with some real challenges and things are definitely heading in the right direction. I'll be continuing to accumulate where possible.

DXN Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 8.6¢		Change -0.002(2.27%)		Mkt cap ! $16.07M

Open	High	Low	Value	Volume
8.7¢	9.1¢	8.4¢	$109.6K	1.251M

Buyers (Bids)

No.	Vol.	Price($)
1	50000	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	33333	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.085
1	60000	0.084
3	302741	0.083
1	150000	0.082
1	11000	0.080

Price($)	Vol.	No.
0.088	33333	1
0.090	889	1
0.091	68333	1
0.092	9500	1
0.094	131477	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

DXN (ASX) Chart