Member Info for ojls

Up 20% from open :)

Are you still in? If so, I remember you mentioning that you were upside-down a fair bit. In which case, hold on and be patient. Blasting the BoD at every opportunity will not make you any money and it makes reading these boards a real chore. If the BoD dont demonstrate improved revenue and reduced costs we have Gatemore on side to push them.

By the look of the RNS the AVON contract was sorted before Gatemore issued the requisition. Its a step forward and money in the bank. It should hopefully settle a few nervous investors and push us beyond 11p. I agree with babbler that 20p is possible; provided we pick up some new contracts in the near future, reduce costs and the year end figures are not too terrible.

Mining equipment and manpower! As far as investors go for mining companies they are about as good as you can get!

Agreed. I was expecting a minimum 10-20%. It may well happen this afternoon. Long term the conservative rises will serve us well. 50-100% days are nice but they tend to attract the day traders that inevitably drop out in volume and cause very bouncy share movements.

Thats poor advice considering the most recent news flow has resulted in a continued rise! That of course is no guarantee that it will be the case this time. The old "Buy on rumor - Sell on news" theory often doesn't hold up on AIM.

Great RNS that should help us maintain the recent rises. ECR is well worth 4p+ so hopefully it wont be long until we get there!

You might not have to wait long. Seen two companies in the last few month that have changed the BoD. In both cases the SP rose rapidly as soon as they announced revised strategies. For many, DX is well worth 20p upwards.

Lots of little sells with only one of any real size. Potentially MM's fishing for cheap shares with a little shake.

Getting stuck in as expected. RNS confirms their intention to sort out the Snr Management team!

The BoD are making all the right noises. As per the Craig Brown interview, they have settled a large portion of debt and have prioritized their owned prospects. I dont think it will take much for this to start heading north in a big way. As seems to be the case with AIM lots of buyers will pile in as soon as we see some big % gains. Noise via forums, industry blogs and social media have suggested short term targets of 4-6p! Fingers crossed they are right!

Anything is possible on AIM! Look at IRG - managed a 700% rise in less than a week! Looking forward to some news flow. Seems to be a few big buys dropping in over the last couple of weeks.

I dont understand where you are getting that viewpoint? As discussed on here 10 times over, DX has the ability to make some serious profit and the BoD will now be forced to make positive changes in light of their last profit forecast being a little too high last time. Either Gatemore start turning the thumbscrews or they are holding out for a buyout, In either case, business continues and the SP is a long way north of the current position. spireiteontour - Do you hold DX? I noticed you are a very new LSE user and have only bashed DX since arriving!

Nice to see a few decent size buys coming in. RNS surely cant be far away providing an action plan on the future distribution centre and cost saving exercises underway.

I am more than happy with 25-40p! (I intend to hold long term) As I said, short term target of 15p is conservative.

Fair enough. In my view Gatemore will be putting the pressure on. They have thrown a lot of money into DX and will no doubt want a fair return. DX have a sustainable business that just needs fine tuning. At which point we start seeing some real positive price movement. Having looked at the various channels my target price of 15p is fairly conservative.

I'm starting to think you have a short on Hi-hi. If not, don't worry so much. DX have a great opportunity to reshape an already strong business and as previously mentioned they are a hot takeover target.

I 100% understand why some previous holders are a little nervous given we are a long way from the IPO price, however, the BoD have now got the opportunity to turn things around. EG: ---The Essington superhub has been binned - No ongoing costs - Potential to sell site at break even/profit ---New site plans currently in progress - Potential big cost but if carefully managed could see us better off long term ---Reducing costs following the profit warning issued last month. ---Gatemore buying a high volume of shares and potentially putting pressure on the BoD to perform or leave. I am no genius investor but that's the way I currently see DX. My current target is 15p+ Fingers crossed!

Price drops away by 12% and yet I cant buy anything under 8p in any volume!

100% agree that DX is undervalued however this is aim and any form of negative news (particularly when there has been a long wait and a lot of money spent) tends to knock the price back. Long term DX is worth 20p+ but we need some good news!