DCC 6.12% 5.2¢ digitalx limited

Ann: Bitcoin and digital asset exposure - June 2021, page-10

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  1. 998 Posts.
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    Some serious concerns:
    - Recent decline in BTC
    - Last year's crypto bull run was not monetised by management, why didn't they trade crypto through the peaks and troughs?
    - The company getting paid in crypto which is subject to lock up for two years, who knows whether it will have value by the time it is released
    - The ongoing net loss, net cash outflow
    - The inability of management to clearly articulate a strategy towards profitability
    - The BTC fund is struggling to attract new investment (last month $400k inflow or which $350k came from DCC). How will management earn decent fees on this fund when the relative FUM are low.
 
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Last
5.2¢
Change
0.003(6.12%)
Mkt cap ! $45.05M
Open High Low Value Volume
5.2¢ 5.6¢ 5.1¢ $388.1K 7.305M

Buyers (Bids)

No. Vol. Price($)
2 169316 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 350938 1
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
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