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DXN Ltd. ( (AU:DXN) ) has shared an announcement.
DXN Limited has announced the issuance of 13,333,333 fully paid ordinary shares without disclosure to investors under the Corporations Act. This move aligns with the company’s compliance with relevant provisions of the Corporations Act, and there is no excluded information as per the current notice. This share issuance is a significant step for DXN, potentially impacting its operational capabilities and market positioning within the data centre industry, as it continues to cater to government and enterprise clients.
The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.
More about DXN Ltd.
DXN Limited is a vertically integrated manufacturer and operator of modular data centres in the Asia Pacific region. The company specializes in designing, engineering, manufacturing, maintaining, and operating data centres. DXN serves major government and blue-chip enterprise customers through its two core divisions: the Modular Division, which focuses on EDGE facilities and critical DC infrastructure, and the Data Centre Operations division, which manages and markets data centres and critical infrastructure.
Average Trading Volume: 338,295
Technical Sentiment Signal: Hold
Current Market Cap: A$17.92M
For a thorough assessment of DXN stock, go to TipRanks’ Stock Analysis page.