i can see why price falling off a cliff, from 80 cents down to 40 cents.
and Chief operating officer resign in march.. (probably because she didn't do enough due diligence before lending, hence causing this big mess)
but down to 5 cents ??? that's throwing the good stuff out with the bad stuff.
cash at hand is still around 20 cents per share, i don't think DXF deserve to be punish down to 5 cents.. But iam not complaining, its lunacy moments like these that we have opportunity to buy a beaten down stock for cheap..
i consider DXF current injury to be only cosmetic and not life threatening. They will recover, and so will the share price.
DXF Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held