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Ann: Appendix 3Y - Change of Director's Interest Notice, page-26

  1. BerlinBusiness
    1,724 Posts.
    lightbulb Created with Sketch. 14
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    28/10/14
    22:14
    Post #: 14196911
    Personally, I would like to see the effect of this quarter priced in. I.e. I'm looking for DCC operating cash flow to worsen to -$600,000 in Q4 but for their Bitcoin inventory to rise to about 12,750 coins. If the CEO can park 66% of the Bitcoins mined and stay solvent. i.e. cash reserves of AU$4.36 million at the end of September less Q4 outflows (-$600,000), then I'll buy. He needs to show me he has the discipline to control costs and sell coins effectively.
    Last edited by BerlinBusiness: 28/10/14
    DCC Price at posting: 17.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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