DXN 9.20% 7.9¢ dxn limited

Dxn has good technology but their ability to build data center...

  1. 791 Posts.
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    Dxn has good technology but their ability to build data center is not as good as expected. Two data centres had been planed to be build by this month during ipo. Now, they are delay to April, a big miss.

    I bought this stock at $0.178, and just sold at 0.2. Because I believe it would be better to come back after at least one data center is online. They need to prove they can build the data centre as they promised, now I have question on that.

    The future in long term is still bright, as I think they will learn from the first two data centres, and make improvement on following data centres
 
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