DXN 1.69% 5.8¢ dxn limited

The broker putting together the spp is completely inadequate to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 560 Posts.
    lightbulb Created with Sketch. 11
    The broker putting together the spp is completely inadequate to do this job. They have shown that they are terrible and managed the situation terribly. Totally incompetent. Management grossly misjudged schedule and cost of building a data center which is very concerning considering the only business that they are in is building data enters. I think it will hit sub 5 cents before it reaches 8 cents. Their communication has been terrible. Now we are down to 1 x data Center for the foreseeable future which will reduce revenue by half of the original budget, We have lower than expected margins on any dc revenue and no sales to date. We have a team of staff in place costing us every minute even though they have nothing to sell yet and only one center to sell. I’m still holding and bought more today. It is going to take a long time but I do believe in the storage business as an annuity style business whether it is selling data storage or furniture. I also feel that dxn have an advantage with their system and a growing industry. 5 years ten bagger from today’s price providing the management can make it happen and not dilute the stock price too much is my call. I am concerned about the muppet show we have seen so far though. 
 
watchlist Created with Sketch. Add DXN (ASX) to my watchlist
(20min delay)
Last
5.8¢
Change
-0.001(1.69%)
Mkt cap ! $17.19M
Open High Low Value Volume
5.9¢ 5.9¢ 5.8¢ $20.50K 352.0K

Buyers (Bids)

No. Vol. Price($)
7 555300 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 8410 1
View Market Depth
Last trade - 14.45pm 25/11/2024 (20 minute delay) ?
DXN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.