DXG - MARKET PERFORM - Broker/Developer’s Unsatiable Thirst for Cash - Initiation

Company Research

24 Oct 2014

DXG is a leading brokerage looking to parlay 10 years of market experience to transform itself into a property developer. As a relative newcomer to property development with an insatiable thirst for cash to acquire clean land bank and sustain development, DXG has a trackrecord of private placements, typically at discount, which has both old and new shareholders concerned; the company is planning another round within a month or two.
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