DXN 4.29% 6.7¢ dxn limited

As of last quarter.Current cash at bank is $2.08m Unused finance...

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  1. 132 Posts.
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    As of last quarter.

    Current cash at bank is $2.08m
    Unused finance facilities are $2.35m

    Operating Loss of -$1.67m recorded last quarter (avg $899k over last 3 quarters)

    Run-rate of 15+ months

    Costs are expected to come down. The longevity of operations, without insolvency, with no significant change to revenue, could be 18+ months.

    So plenty of gas left in the tank to get everything moving in the right direction.

    This is an 18m market cap company, currently pulling in 6m+ annually with some big contracts sitting out there.

    I like the risk, I like the potential upside more.
    Last edited by capt.sardine.tin: 06/01/21
 
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