DCC 5.41% 3.5¢ digitalx limited

Just think of the following: the company keeps issuing shares to...

  1. 267 Posts.
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    Just think of the following: the company keeps issuing shares to management regularly. When I exited a few years ago when BTC hit roughly $16K, DCC traded at ~42 cents. Now BTC value is ~$60K, and DCC trades at 6.5 cents... what does that tell you? The share dilution completely hammers regular shareholders, whilst regularly benefiting management via pump & dump (on top, management get salaries). In line with what I wrote ytday, I think the company will become a decent punt when the entire MC equals their BTC + cash (but still then, the performance rights that keep vesting will continue to screw regular shareholders...)
 
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