I think the problem is DCC do not have spare cash to buy Bitcoin. They are burning 1 million every quarter. If they have bought Bitcoin, they might have to close down the business and wait and pray for Bitcoin to go to the moon.
The quarterly report indicates that they have not achieve anything yet and still thinking what they could provide to their potential customers. Ai ya ya.......I cannot predict how long they could last if no revenue is coming up soon.
Perhaps next year is their last year of running the business.
Ann: Appendix 4C - quarterly, page-16
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Last
5.6¢ |
Change
0.010(21.7%) |
Mkt cap ! $48.51M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.7¢ | 4.8¢ | $257.3K | 4.825M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 65116 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.010 ( 19.2 %) |
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| Open | High | Low | Volume | ||
| 4.8¢ | 5.7¢ | 4.8¢ | 1151169 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DCC (ASX) Chart |