DCC 2.38% 4.1¢ digitalx limited

Ann: Appendix 4C - quarterly, page-16

  1. 267 Posts.
    lightbulb Created with Sketch. 29
    I think a valuation around 3 cents per stock is possibly worth a punt... but as I wrote in my other post recently, the track record is terrible and when all the cash is burned, the company will go bust with Leigh departing having been paid six-figure salary for a number of years, which he'd not be paid in any other job he'd be likely to get. Being DCC CEO is a dream job in a way: zero accountability, guaranteed income for years to come, and very little actual work.

    I would consider purchasing some for fun again around 3 cents, with no stop loss: i.e. I'd only put in money I am totally prepared to loose, basically something along the lines of placing a bet on the number "3" in a roulette...
 
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