Australia's largest stock trading and investment forum Australia's #1 stock forum

DXN

Click for more information

6.06%

7.0¢ dxn limited

that's great mate, thanks. In the meantime, I've been adding to...

First 16 Last

Share
Profile

Follow
SuperDolph18

109 Posts.

6

08/01/19

23:19

Post #: 37062528
Share

Originally posted by foo ling yu: ↑

There is so many reasons for the SP demise at this end of the market. In this case, I would point to 3 main factors.

1. Lack of revenue, without this, no one can put a value on the business. It's pure speculation and opinions will vary dramatically.

2. An additional CR, perhaps unforseen by many. Casting doubt on the company's ability to manage their business affairs as forecast in the prospectus.

3. Mr Market! Acting completely independently and totally irrelevant to the underlying fundamentals of any business.

There's many more, but I see these as the 3 main offenders. The good news is that this is completely 100% normal, especially at this end of the market.

Expand

that's great mate, thanks. In the meantime, I've been adding to my holding where I can.

DXN Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 23 more messages in this thread...

First 16 Last

Add DXN (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.004(6.06%)		Mkt cap ! $16.35M

Open	High	Low	Value	Volume
6.7¢	7.0¢	6.7¢	$55.34K	813.4K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	36895	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.067
2	151311	0.066
1	250000	0.065
1	7000	0.060
2	28500	0.059

Price($)	Vol.	No.
0.070	36895	2
0.071	165631	3
0.074	50000	1
0.075	33333	1
0.078	11285	2

Last trade - 15.38pm 13/11/2024 (20 minute delay)

DXN (ASX) Chart