DCC 2.44% 4.2¢ digitalx limited

Some serious concerns:- Recent decline in BTC- Last year's...

  1. 991 Posts.
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    Some serious concerns:
    - Recent decline in BTC
    - Last year's crypto bull run was not monetised by management, why didn't they trade crypto through the peaks and troughs?
    - The company getting paid in crypto which is subject to lock up for two years, who knows whether it will have value by the time it is released
    - The ongoing net loss, net cash outflow
    - The inability of management to clearly articulate a strategy towards profitability
    - The BTC fund is struggling to attract new investment (last month $400k inflow or which $350k came from DCC). How will management earn decent fees on this fund when the relative FUM are low.
 
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Last
4.2¢
Change
0.001(2.44%)
Mkt cap ! $36.38M
Open High Low Value Volume
4.1¢ 4.2¢ 4.1¢ $25.29K 616.9K

Buyers (Bids)

No. Vol. Price($)
1 224683 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 207064 1
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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