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6.7¢ dxn limited

makes the current DXNOA (Nov 10c) at 0.3c a gift if they kick...

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stevenjd

27,851 Posts.

3379

06/02/20

11:28

Post #: 42776969
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Originally posted by phreak: ↑

Another capital raise Is inevitable. It was always expected that there would be a few capital raises.

I do think however that sales will start materialising in the next quarter. We need 1MW and 25 million in modules to BE. Now have just over 7 MIll and a bunch of new channels for the DC.

This report was up to DEC. It looks like edge is going to be massive.

My personal target is around 10 cents for May when the board’s incentive options expire. I feel they will at least try to achieve it. The next report has to start showing us the money.

I feel more confident than ever with DXN at this time.

One thing that worries me is that we only have modules in the DC up to half a MW. There was no update on the power upgrade to 2 MW for the DC which was part of the last SPP prospectus. We also need to pay for more modules to fill the balance up to 1MW which we already have power for.

Also no update on Melbourne which we are paying rent for I assume. What ever happened to that. Maybe we should turn it into a shooting range and apply for a sports grant.

We still have 6 months left for this year.

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makes the current DXNOA (Nov 10c) at 0.3c a gift if they kick some goals then.

DXN Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.7¢		Change -0.003(4.29%)		Mkt cap ! $15.65M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.5¢	$48.75K	729.1K

Buyers (Bids)

No.	Vol.	Price($)
1	51705	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	54049	1

View Market Depth

No.	Vol.	Price($)
1	51705	0.067
1	133912	0.065
1	35000	0.062
2	28500	0.059
1	3636	0.055

Price($)	Vol.	No.
0.069	54049	1
0.070	36895	2
0.071	113000	2
0.073	52631	1
0.074	50000	1

Last trade - 15.13pm 14/11/2024 (20 minute delay)

DXN (ASX) Chart