Bought today too when the market is shutting off for the new year and liquidity is low.
Looking at the financial accounts DLT is a profitable business as well in FY20 and FY19 with global expansion to take place. Starting in Australia.
Peer comparison of DRO market cap is around $76 million so that's a few multiples from here for DLT. DLT being an established business in the South African continent.
$5m in cash, T20 hold 83% of register, significant volume of restricted securities and a tight register. EV only $15m makes valuation to be on the cheap side.
Astutue management team with global industry experience and networks
Ann: Top 20 Shareholders, page-3
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.841M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $5.769K | 384.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1790020 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2042000 | 4 |
View Market Depth
| Last trade - 10.06am 06/11/2024 (20 minute delay) ? |
| RKT (ASX) Chart |