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onetricky

14,508 Posts.

932

10/02/21

14:29

Post #: 50862721
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Originally posted by Piano312 ↑

If bitcoin goes to $200,000 ( and we are a quarter of the way there almost ) then the asset value of the DCC bitcoin holdings would go to - $50,200,000. This is higher than the current market cap and shows the potential value of this stock even if management can’t get its act together. Michael Saylor - CEO of Microstrategy - who purchased $70,000 bitcoin last year and whose company stock recently rose from $USD700 to $USD 1,200 on the back of the bitcoin rise is running conferences for American CEOs to buy the coin for their balance sheets. Just imagine the ripple affect of these CEOs fortifying their balance sheets with bitcoin. He is the one who threw out the challenge to Elon Musk to buy the digital currency and said he would show him the playbook. Lastly their is a reasonable percentage of venture capitalists (according to Simply Wall Street data ) who are holding this stock and just waiting.

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where are you getting $50m from? the holdings would go to $112m at $200k usd

Last edited by onetricky: 10/02/21

DCC Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $38.12M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.1¢	$159.9K	3.720M

Buyers (Bids)

No.	Vol.	Price($)
1	131508	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	4800	1

View Market Depth

No.	Vol.	Price($)
1	437	0.045
2	147308	0.044
2	223000	0.043
2	71261	0.042
2	265600	0.041

Price($)	Vol.	No.
0.047	4800	1
0.048	218354	2
0.049	251005	4
0.050	440008	2
0.051	200000	1

Last trade - 16.10pm 18/06/2024 (20 minute delay)

DCC (ASX) Chart

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