Its a great product... no doubt about that and DCC have a unbelievable competitive advantage in the management team, track record in making millions in early disruptive technology. Most importantly a $500,000,000,000 market exists right now. No need to create a big marketing stint to convince people to use it. Its a no brainer - send it quicker and cheaper with Air Pocket.
A quick google search shows uber drivers retain 80% of the fare and Air BnB hosts retain 80-90% of the room charges. These types of things are very popular because they allow regular people to become entrepreneurs and make a living seemingly out of thin air because they already owned the car or house. Same thing will happen with Air Pocket... There is only one small hurdle. 1% commission to the agent is very low, even for lower income earning societies. It wont replace jobs but more so people will probably do it while at work or on a lunch break. To counteract the low commission you need extremely high volume.
IF DCC can pull this off, IMHO, an acquision will soon follow.
All in MHO!
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Last
8.4¢ |
Change
-0.005(5.11%) |
Mkt cap ! $123.1M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.2¢ | $651.1K | 7.786M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47236 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 76453 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47236 | 0.083 |
2 | 90000 | 0.082 |
5 | 99362 | 0.081 |
10 | 333637 | 0.080 |
5 | 85329 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 76453 | 1 |
0.085 | 162134 | 4 |
0.086 | 319000 | 2 |
0.089 | 405000 | 3 |
0.090 | 49125 | 2 |
Last trade - 15.59pm 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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