Why Dotz Nano Share Price Jumped Higher Today

At time of writing, shares of Dotz Nano Ltd [ASX: DTZ] are up by 29.4% to 10.5 cents, in today’s trading. Dotz Nano Ltd is a technology company focusing on the development, manufacture and commercialisation of graphene quantum dots and advanced carbon dots.

Why did Dotz Nano Ltd shares do this?

It comes after they announced their quarterly cash flow statement yesterday. The company generated negative operating cash flow of $1.385 million, with most of the expenses related to management, director salaries and corporate advisor fees.

The market wasn’t happy.

That said, the company announced a major order to be used in industrialised sector today. It was an undisclosed amount, but the market applauded the achievement.

What now for Dotz Nano?

The share price has fallen from 25 cents on 23 November, to a low of 8.3 cents last month. The vicious downtrend has weighed on frustrated shareholders. But the latest announcement is a massive step forward for the company, allowing it to transition into the revenue-generating phase.

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Dotz Nano Ltd has completed multiple pilot studies over the past 12–18 months, aimed to boosting revenue. And is moving into final negotiations with a number of potential clients. That said, until the company discloses the sales totals, it’s unlikely the market will bid the share price higher.

Today’s announcement is a big step forward. But the company needs to demonstrate the profitability of its products before the market takes it seriously.

Jason Stevenson,
Resources Analyst, 
Markets & Money

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Jason Stevenson is Markets & Money’s resource analyst. He shares over a decade’s worth of investing and trading experience across resource stocks and commodity futures and options. He originally studied accounting and finance at Curtin University, where he was awarded a first-class honours degree. His professional background stems across high-net-worth, top tier accounting (corporate finance, tax and auditing), and sell-side equities research. Before joining the team at Markets and Money, Jason worked at boutique firms which advised fund managers and high-net-worth clients on where to invest. Whether it’s gold, crude oil, copper or an obscure metal like vanadium, you can rely on an in-depth analysis in Markets and Money. Jason also brings you extensive macro, political and geopolitical analysis from around the world. He leaves no stone unturned when it comes to telling the truth. Jason is also the lead analyst of Gold Stock Trader, a premium service for investors serious about precious metal stocks. Websites and financial e-letters Jason writes for:

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