The problem with DCC is that they do not have a clear revenue plan and even less clear plan to profitibility. The BTC fund & Xbullion have nowhere enough FUM to be able to generate any meaningful fees and Drawbridge doesn't seem to be generating much revenue either. I am always sceptical when a company struggles to elaborate in one single sentence what they do an how they generate income. By way of example, randomly selected ASX share - Accent Group (AX1) - company is in the business of footwear and generates revenue through retail sales in store and online.
Now try to do this with DigitalX....?
BTC chart, page-31
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Last
4.6¢ |
Change
-0.001(2.13%) |
Mkt cap ! $39.85M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.6¢ | $18.20K | 383.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 220721 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 150124 | 2 |
View Market Depth
| Last trade - 14.27pm 22/08/2024 (20 minute delay) ? |
| DCC (ASX) Chart |