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.
Ann: Appendix 3Y - Change of Director's Interest Notice, page-26
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Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $35.52M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.5¢ | 4.1¢ | $76.57K | 1.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 230525 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 238000 | 1 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| DCC (ASX) Chart |