Defenx Share Discussion Threads

[wordog] 05/4/2018 06:27

I don’t think they will go bust. At least not for a while, I’m expecting a bounce followed by a fundraise.

[barnetpeter] 05/4/2018 00:04

200 pence to 9 pence in 9 months. I expect this to go bust....no point in selling at this price though

[sparky333] 29/3/2018 11:24

Yes the business model is broke.

[wordog] 29/3/2018 10:15

13Mkt Cap £1.2mik now, they have half of that in cash!

Assets were assessed at c£10mil in the last financial report.

Net debt £1.4mil (£1.2mil of which are bonds convertible at 200p)

Revenues will be down but still a couple of mil.

This is mega cheap, or am I missing something?

[wordog] 26/3/2018 08:29

Mkt Cap £1.43mil

Cash £0.60mil
Revenues £0.50mil (cloud storage)
Plus revenues for mobile platforms which are lower but not zero.

Seriously undervalued, I think they will publish results soon which will push this higher.

[a2584728] 15/3/2018 13:56

This will go under unless it finds an investor

[a2584728] 28/2/2018 08:31

Where is Nilam Statham and her toothless AIM team

[kemche] 28/2/2018 08:30

Basket case.

[wordog] 22/2/2018 12:39

Really hard to tell if this is oversold, news expected in the next week, anything could happen.

[mally6] 07/2/2018 08:40

This is now a takeover target way too cheap

[a2584728] 31/1/2018 13:39

Still got further to fall imho, sellers still around even after such a huge drop

[a2584728] 29/1/2018 14:39

Disgraceful, they should hang their heads as should their NOMAD and the AIM team

[still waiting] 29/1/2018 11:49

do they pay salaries end of month ?

[larva] 29/1/2018 11:11

Looks finished


an overdraft of €20,000



Haha had to mention that

[euclid5] 29/1/2018 09:30

"As at 22 January 2018, the Company had €0.81 million of cash and undrawn facilities of approximately €0.75 million (consisting of a £450,000 supply chain facility, €173,000 invoice discounting facilities and an overdraft of €20,000). In the event that cash collection remains weak, the Group is unable to drawdown its facilities and new orders do not come through as expected, the Group may be required to seek additional funding in late-Q2 2018."

[twistednik] 29/1/2018 09:25

Wow, more incompetence from DFX.

Wouldn't trust them to turn this around and as likely to go bust as hit 100p+ again IMHO.

[a2584728] 29/1/2018 08:29

AIM regulators never go after rogue directors. The whole regulation team are a toothless sham.

[levkowitz] 29/1/2018 08:10

I think the scarier thought is that they did and just managed to blow through it.

Can't wait for the next trade update, might be even more upbeat...

[a2584728] 29/1/2018 08:04

This is all down to the BOD. They have not been honest to investors IMHO and over egged the business plan when presenting. Not looking good for them

[death by donut] 29/1/2018 07:10

It would seem they haven't been picking that much cash up after all?

[levkowitz] 27/1/2018 18:45

I don't really understand what is going with this stock. They collected a fair amount of cash at much higher price just recently. I don't really see why the company would go under anytime soon.

But then, if directors or partners had even the faintest amount of confidence they would pick up some shares.

[a2584728] 26/1/2018 13:10

This company needs to sack the entire BOD and replace. Not got a clue

[pazzuzu] 26/1/2018 10:59

Any reason for thee drop today? I don't see any news

[qs99] 26/1/2018 10:58

very odd graph, and advfn quote!