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4.29%

6.7¢ dxn limited

Ann: Trading Halt, page-5

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Corgi

2,596 Posts.

1833

31/03/20

13:59

Post #: 43797386
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Originally posted by HandsomeDave: ↑

I suspect its related to the raise and I have every expectation that we are going to be diluted heavily now unless we participate in the raise. Even with government assistance I think they need the money. I doubt sales would have improved with the economic situation being what it is.

As always I am a glass half full kind of guy. The current market cap is less than half of what their assets are currently valued at. So technically its a very oversold stock, but then again maybe trying to value this technically is waste of time until they can demonstrate that they are breaking even.

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Doubt they'd proceed with the CR, it is stupid.

They can easily get the $6mil + loan with asset as collateral.

There is a 6 month deferral on repayments for small/Medium businesses. Which DXN easily qualifies for.

& following that there will be reprieves and this is partially backed by the government.

Last edited by Corgi: 31/03/20

DXN Price at posting: 1.4¢ Sentiment: Hold 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