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2.08%

4.7¢ digitalx limited

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IsuruNeel

684 Posts.

14

31/10/17

11:26

Post #: 28345659
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Originally posted by SamMichael ↑

It might hit 50M. Agree that cash payments are not exciting. <500K. But 100M bankera tokens and 10M Fuel tokens are really good. Together these would be worth more than 4M AUD if they launch at their ICO price. And that's not including revenue from powerledger and singularitynet, but even if we expect they will be around the same as etherparty (approx $1M of coins) that's almost 8M dollars for just one quarter. If the tokens increase in price, who knows how much that 8M might become. But like you suggested, these are big IFs. Investors of DCC need to be aware of the potential lag of profits. Even though they get paid only 100K in liquid cash, the real profits won't come until the ICOs hit the market, which may not be until the following quarter. A bit annoyed that they didn't explain their strategy for their Bitcoin gold tokens, did they sell right after the fork, if so that's a free 200K right there, or are they holding on to them?

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I'm not being negative as I've said before i love the concept, but a bunch of coins aren't ongoing revenue. Take it back to first principles, you're either selling a service or a product and getting paid at reasonably legible prices for it.

DCC Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.7¢		Change -0.001(2.08%)		Mkt cap ! $40.72M

Open	High	Low	Value	Volume
4.8¢	4.9¢	4.5¢	$22.18K	473.0K

Buyers (Bids)

No.	Vol.	Price($)
1	50434	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	14909	1

View Market Depth

No.	Vol.	Price($)
1	50434	0.046
3	347883	0.045
1	50000	0.044
3	341244	0.043
3	128000	0.042

Price($)	Vol.	No.
0.047	14909	1
0.048	200000	1
0.049	118300	1
0.050	288492	3
0.051	100000	1

Last trade - 16.10pm 21/08/2024 (20 minute delay)

DCC (ASX) Chart