DEX 2.86% 36.0¢ duke exploration limited

Really can't see the deal falling through. Dexion is a down the...

  1. 5,217 Posts.
    lightbulb Created with Sketch. 32
    Really can't see the deal falling through. Dexion is a down the line company, cashflow matches profits etc. GUD is a massive industrial who I can't see pulling out on a whim. They would lose serious credibility pulling out just because the market tanked, and it's not that big a deal for them anyway.

    The share price, I think, is a function of a bad day in the market, and a knee jerk disbelief at a 100% premium. Also the serious arbs may not fancy this one because its so small, but for the ordinary punter I think it's a good bet.
 
watchlist Created with Sketch. Add DEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.