Glad you think so.... only you gonna be a lamb to the slaughter, as above presentation has been corrected, and NAV is above 38 million, not 58 million as was announced first. What a mistake a to make uh!
Rudderless ship of a company, trading as BTC proxy with a discount, as CR imminent, as testified by their previous raises. Search history.
The only thing shareholders have to make a decision about is at what price target they exit, as when the CR takes place is anyone's guess. 7c, 9c, 11c??? And CR will definitely take place.
BTC has a target of USD143k in this bull run, as explained by a renown technical chartist that I follow, and this morning has gone for another massive run to USD88k. So we will see how greedy or dumb the board is, by how they raise, and how soon. The risk exists, and can happen as soon as end of November, and will grow in December, and def by Jan/Feb at the very latest.
A real pickle, like I said, when to exit. This could run all the resistance levels on the back of BTC gallop: 7c, 9c, 11c, 12.5c, and could find itself close to 20c, before it gets kyboshed by 20% discounted raise.
Depending on where BTC is in it's bull run, I will be watching trading action on DCC closely with my preferred exit at 11c.
GL
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DCC
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Ann: Microcap Investment Conference 2024 Presentation, page-9
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Last
7.1¢ |
Change
-0.003(4.05%) |
Mkt cap ! $85.45M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 7.0¢ | $219.1K | 3.053M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 308219 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 87833 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 208219 | 0.071 |
7 | 249000 | 0.070 |
5 | 4112929 | 0.069 |
5 | 140603 | 0.068 |
2 | 640108 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 87833 | 1 |
0.076 | 13500 | 1 |
0.078 | 200000 | 1 |
0.079 | 101391 | 2 |
0.081 | 50000 | 1 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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DCC (ASX) Chart |