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DCC

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3.8¢ digitalx limited

Projections & 65c per share target, page-22

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Konfi

1,224 Posts.

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06/06/16

15:35

Post #: 17963590
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Originally posted by ozgem ↑

I look on most days in amazement with this market. On any day I can find other techs with 5 or 6 x the MC of DCC and with no indication of when they might be turning a buck but the market is falling over themselves to get aboard,. DigitalX is more than likely going to be close to cash flow positive again this qrt but no love. IMO there are number of things that they should be looking at to really kick start things.

1. A CR. Yet again we have another mob telling all and sundry one is on the way. (red chip)Well just do it. ~As @Konfi said , dilution would be minimal and even if they raised $5mil. It's not even about needing it. $5mil would put a solid base under the company for a long time to come and watch punters pile in after. I'm all for it.

2. Downloads. Some kind of acknowledgement that people are interested. Being able to track download numbers will have a huge impact even if you can't tell how much is going through the app. You've got the agreement, got the app, everything is in place. Get people to download it!

3. One more high profile agreement. No MOU's. Signed agreement , preferably remittance ready to go.

All IMO of course.

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Yep i agree but with the CR, i would rather they cemented Mexican MoU and started getting some downloads before CR. At 30c they could raise $8M to fast track global launch schedule (at 15% threshold.) Whereas at current pricing only $3M or $4M......

Hopefully we get those 2 going and announced this month then have option (or not) of CR as we will have cash-flow and a bit of negotiating power......

DCC Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change 0.001(2.70%)		Mkt cap ! $32.92M

Open	High	Low	Value	Volume
3.7¢	3.8¢	3.7¢	$20.93K	564.8K

Buyers (Bids)

No.	Vol.	Price($)
3	479717	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	100000	1

View Market Depth

No.	Vol.	Price($)
3	479717	0.036
6	380658	0.035
5	641694	0.034
8	470832	0.033
9	645874	0.032

Price($)	Vol.	No.
0.038	100000	1
0.039	356435	2
0.040	293213	3
0.041	375800	4
0.042	238119	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

DCC (ASX) Chart

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