I agree it must be something to do with Zs shareholding. The trial is in October and with him having so many shares in the company that could be forfeited to US government in event of guilty verdict (they go after the $$$ big time in such cases), it makes sense to get these off the books.
Big question is who is the buyer and at what price? I doubt it will be a premium to todays price but if it is a big company or player could end up a positive and at least some independent validation of the IP and technological advantage DCC supposedly have. Telefonica, Jorge Nicolau, another remit or blockchain based company (ie Uniteller or ItBit) at 5c-8c would all be good IMO........some random at 3c or so, maybe not so much......
I agree it must be something to do with Zs shareholding. The...
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 458221 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 191399 | 2 |
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| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| DCC (ASX) Chart |
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