I got Amerx confused with another company, so my mistake.
The problem about your whole STO love affair is that it goes against the whole idea of decentralisation, which was supposed to be the big appeal for cryptocurrency. Instead now you have the institutional machine all over it. They will be making a killing and the scraps will be left for retail holders because they will do what institutions do best- charge excessive fees and get a stake of X business on the cheap. Besides, the STO space is in very early stages still so whether there will be any growth in it that DCC will capitalise from is unknown at this point. And all the costs associated with it, just doesn’t realise the free transactional nature that crypto’s were once supposed to have...
I just can’t see any compelling reasons for investment in this company, and the market agrees, just look at the DCC chart. I suppose if you’re DCC you would have to move in on ICO 2.0 (STO’s) with the hopes that some of the fee revenue will be coming their way...
I like seeing people make money, which is why I hope some people might see my “downramping” as more of a cautionary statement about any company. And I genuinely feel sorry for some people on this thread who take big positions at 6.5 and enjoy a glimpse of a rise and then be brought back to a disappointing reality.
I rather have someone on a thread downramping than reading posters $1.00 calls. Sounds like you would prefer the latter...
GLTAH and please DYOR
- Forums
- ASX - By Stock
- DCC
- Ann: DigitalX enters JV with US Investment Bank AmerX
Ann: DigitalX enters JV with US Investment Bank AmerX, page-17
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCC (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $36.38M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.1¢ | $25.29K | 616.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 224683 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 207064 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 224683 | 0.041 |
13 | 918007 | 0.040 |
7 | 452564 | 0.039 |
11 | 737713 | 0.038 |
7 | 207000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 207064 | 1 |
0.043 | 327997 | 4 |
0.044 | 297709 | 5 |
0.045 | 522200 | 2 |
0.046 | 462000 | 3 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
DCC (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online