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Zeus Capital published a note this morning on ResearchTree: "DX has released a trading update for H216 indicating that trading is in line with management’s expectations. That management has made the statement four weeks from the period end is indicative of the fact that the important DX Exchange renewal season has not seen a further deterioration in subscriptions from the guidance given back in November 2015. The statement should be taken reassuringly by the market and we now expect the FY16 outcome to be broadly in line with our £11.6m PBT estimate, albeit we acknowledge that we believe..."
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