DCC 3.92% 4.9¢ digitalx limited

They have cash to run the business at current for the next...

  1. 63 Posts.
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    They have cash to run the business at current for the next couple of years - all good.

    Customer receipts
    • $690k cash received from customers seems - not quite sure how this reconciles to the $770k gross cash received from Sell My Shares and fund management fees including the $270k performance fee mentioned. Find out more at Webinar I guess.
    • Sell My Shares - nice to see the growth of 20% QoQ. Not clear how large the opportunity is. Feels like a side hustle which is fine if cashflow positive.
    • No more mention of finding product market fit for Drawbridge which is good. Legacy blockchain solution looking for a problem to solve.

    Future hopes in near to mid-term are:
    • Spot Bitcoin ETF being approved - Not sure what value that brings yet but first to market would I imagine be a good thing and the appetite is most probably there given US take-up.
    • Mount Gox - TBA in May likely. Known unknown
    • [Surge in value of BTC by year end]

    Other:
    • DigitalX Playlist - I can't understand from the description what they are trying to do here nor what the benefits are.
    • DARTx - Maybe too early. I understand the product but not clear what kind of digital assets can be invested in


 
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Last
4.9¢
Change
-0.002(3.92%)
Mkt cap ! $42.45M
Open High Low Value Volume
5.0¢ 5.0¢ 4.9¢ $4.87K 98.63K

Buyers (Bids)

No. Vol. Price($)
2 53692 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 76877 2
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Last trade - 10.02am 17/05/2024 (20 minute delay) ?
Last
5.1¢
  Change
-0.002 ( 1.92 %)
Open High Low Volume
4.9¢ 5.1¢ 4.9¢ 101057
Last updated 11.06am 17/05/2024 ?
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