July 2023 Monthly Report

Dear Investor,DMXASF’s NAV increased 8.6% during July, ahead of the ASX 200 Total Return Index which rose 2.9%. With many of our names having sold off in recent times and in particular with tax loss selling of losers into the 30th June financial year-end, July brought...

July 2023 Monthly Report

Dear Shareholder,DMXCP’s NAV increased 8.5% (after all accrued management fees and expenses) for July 2023. The NAV as at 31 July 2023 was $2.3710 compared to $2.1841 as at 30 June 2023.Markets were strong during July – the All Ordinaries was up 2.99% while the...

Q4 FY23 DMX Quarterly Nanocap Update

We define a nanocap as a company with a market capitalisation of under ~$30m. These companies typically get very little coverage from analysts or interest from the investment community, and are often where we find some of the most interesting opportunities. A feature...