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1.33%

7.4¢ dxn limited

I agree. MM was left with some real challenges and things are...

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lachyb

137 Posts.

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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
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(20min delay)
Last 7.4¢		Change -0.001(1.33%)		Mkt cap ! $13.82M

Open	High	Low	Value	Volume
7.5¢	7.5¢	7.4¢	$13.39K	180.0K

Buyers (Bids)

No.	Vol.	Price($)
1	86	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	116680	1

View Market Depth

No.	Vol.	Price($)
1	86	0.074
1	41095	0.073
4	458089	0.072
1	200000	0.071
3	42427	0.070

Price($)	Vol.	No.
0.075	116680	1
0.077	176000	2
0.079	166667	1
0.080	249568	2
0.083	133056	1

Last trade - 15.50pm 08/07/2024 (20 minute delay)

DXN (ASX) Chart