DXN 0.00% 7.7¢ dxn limited

Yes the thought crossed my mind at the time to sell half. Well...

  1. 265 Posts.
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    Yes the thought crossed my mind at the time to sell half.

    Well in my humble opinion. When looking at the cashflow statement customer receipts YOY it's evident that it's making increased sales. SYD data centre has been around less than a year and TAS only a few months. All components including the power generator are ready for MELB, they need only permission for the power usage. There is upside to DXN past 4 cents.
    This business is very new and will be risky by nature.
    NEXTDC started same MK size 10 years ago. I held some shares of NEXTDC around $1 once, sold them for about a 25% gain thinking I'd made a great trade at the time... Well that turned out to be a big mistake.
 
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