One of the recent announcements they stated they only had 5 or 4 Bitcoin cash. It seemed they were betting on segwit2x happening and it failed. That's why I think the price has dropped for DCC from the highest high before the segwit2x Ann of 28c in addition to the BTC slump.
I have faith though as BTC is a small proportion of their overall market cap and I think they are more informed than the standard crypto investor. I would not be surprised if they bought and sold BCH but that is purely my speculation.
To other posters questioning how sales are conducted I believe the same announcement referring to their BCH holdings details how as a team they decide what position they take on their BTC assets.
To my regret I wasn't switched on enough to sell and buy back. Was the day to buy.
Gltah
One of the recent announcements they stated they only had 5 or 4...
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Last
4.6¢ |
Change
-0.004(8.00%) |
Mkt cap ! $39.85M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.5¢ | $102.4K | 2.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36055 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 32000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
4.7¢ |
Change
-0.004 ( 7.84 %) |
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| Open | High | Low | Volume | ||
| 5.0¢ | 5.0¢ | 4.5¢ | 995719 | ||
| Last updated 14.52pm 02/05/2024 ? | |||||
| DCC (ASX) Chart |