DXN 0.00% 2.7¢ dxn limited

Just to assist manage expectations - results from NSW goverment...

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    Just to assist manage expectations - results from NSW goverment work likely won't be with us till end July. As what the NSW government requested was Expressions Of Interest (EOI) from parties, what will be announced (likely end July) will be which parties have been shortlisted. These shortlisted parties will then be invited to Tender for the work they have expressed an interest in during the initial EOI process. The actual decision as to who wins what work etc is, in my opinion, likely up to 12 months away.
    I hold DXN, I like them, they are in a good space, management is focused - just think it is important to try making sure expectations are realistically set when it comes to the NSW government work.
 
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