Australia's largest stock trading and investment forum Australia's #1 stock forum

DXN

Click for more information

1.72%

5.9¢ dxn limited

Ann: Investor Market Call, page-6

First 6 Last

Share
Profile

Follow
Maine

36 Posts.

1

13/12/18

09:09

Post #: 36842244
Share

Originally posted by geemoney: ↑

Hi Maine,

Very short, hard to hear conference call.
Peter spoke about the final approvals for the DC's- Melbourne received, waiting on Sydney. DC's will be operational in April 2019.
Capex is up slightly as they are installing 1MW in both DC's, as opposed to 0.5MW noted in the initial planning. Presales started on Monday this week. When asked Peter stated they are very happy with the sales progress and leadership. If they can fill the initial capacity DXN stand to make $8M p.a.
CR at 15.5c to raise $3M with the potential for a further $2M.
All seems on track though the CR seems a little amateurish- I would have preferred a notable cornerstone investor take a chunk, though existing SH's can participate which is a bonus for the faithful. Pity no one asked about any Asian progress.
Should do well once the DC's fire up in April.

GLTA
G$

Expand

I'm sure we all appreciate your post, thank you.
Although it doesn't seem like anything was said that hadn't already been in previous anns

DXN Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 7 more messages in this thread...

First 6 Last

Add DXN (ASX) to my watchlist

(20min delay)
Last 5.9¢		Change 0.001(1.72%)		Mkt cap ! $17.19M

Open	High	Low	Value	Volume
5.9¢	5.9¢	5.9¢	$163	2.76K

Buyers (Bids)

No.	Vol.	Price($)
1	30000	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	200000	1

View Market Depth

No.	Vol.	Price($)
1	46875	0.064
1	8000	0.063
1	1	0.060
1	200000	0.057
1	25000	0.052

Price($)	Vol.	No.
0.075	100000	1
0.077	61000	1
0.078	69633	2
0.080	100000	1
0.082	172047	1

Last trade - 11.26am 26/11/2024 (20 minute delay)

DXN (ASX) Chart