DXN 4.17% 7.5¢ dxn limited

Holder Concesus, page-6

  1. 265 Posts.
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    I started buying in at 1.2 cents my average is about 1.6 cents. Own over 3 million. I won't be selling at 2 or even 1 cent. As previously mentioned in my comments, my DXN trade fundamental driver is that the company must make a net profit over the next 4 quarters, so my investment strategy will need some patience and time to play out. It doesn't necessary need the NSW tender but it does need to show revenue growth. If it continues to create sales and new revenue then it is a hold from me no matter the current share price and potentially much longer than 12 months too. Obvious if management make any poor decisions or sales drop where a net profit goal is no longer going to be realistic, then it will need to be sold down. I posted a DCF on DXN previously and I valued the stock at 12 cents based on its current situation and achieving a net profit in 6-12 months.
 
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Last
7.5¢
Change
0.003(4.17%)
Mkt cap ! $14.01M
Open High Low Value Volume
7.2¢ 7.5¢ 7.1¢ $88.02K 1.205M

Buyers (Bids)

No. Vol. Price($)
2 50698 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 178699 3
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
DXN (ASX) Chart
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