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I was scorned for stating the delay is due to a substantial...

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XForceOne

1,374 Posts.

76

06/01/21

21:24

Post #: 49992149
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Originally posted by posiedon ark: ↑

Whilst the delay is not the best thing to see, it clearly states it's only a delay.....After reading the document carefully, I did make a call and the main reason behind the delay is that the demand has grown substantially from when they first signed off, during the 3 to 6 months delay the data storage units will be increased in capacity to meet the increased in user demand...considering the covid BS, I think we fair very well.
Just remember this the NSW tender for regional facilities will follow this and I believe we are the only company that has the capacity to supply this, it may well be that these inter rural modular data banks may also be hooked up with regional NSW data bank system...We are still constructing each unit, so in real terms this delay means very little to our bottom line....I also expect a few more contracts in the interim....Hold tight people the best is yet to come....Our finances are in pretty good shape.....Hence, I do not know why people are so concerned.

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I was scorned for stating the delay is due to a substantial increase in demand.

DXN Price at posting: 1.7¢ 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