Nothing to report DXN is in set up mode all information previously mentioned. NXT a little pullback from its highs but one would expect such a high PE share regardless of growth to catch a small breather. In general there may be a re-rating of all high PE ratio stocks to cushion the blow if there is a slow down in growth or a significant share market pullback. I would like to buy more DXN but can not justify it at the moment with regards to portfolio balance. Once they are up and running and first sales kick off I may consider add a few more once the money starts to come in an the share price responds.
DXN Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
