DCC 5.41% 3.5¢ digitalx limited

Ann: DigitalX enters JV with US Investment Bank AmerX, page-14

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  1. 2,085 Posts.
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    I’m disappointed to have missed the boat on this one today as it would have been a perfect shorting opportunity at anywhere in the 7 cent range.

    If there is anything I know about people in Latin America is that corruption runs rampant, making crypto a perfect vehicle to carry out illegitimate endeavours.

    Had a quick view of the presentation and It would have been nice if they stated their current cash position instead of end of September...

    I very much hope that people are not unwittingly holding their heads in the sand reading this announcement because crypto’s continue their decent. This is why DCC ended up closing on the low of the day IMO.

    I haven’t checked but how is the funds management division going?

    What about the lawsuit? Did anyone go the the AGM to ask about this?

    I continue to hold the view that at this point DCC is overvalued, as future growth should be negative In comparison to FY18.

    GLTAH and please DYOR
 
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