As you say: DCC is sleeping, a sleeping giant. The bitcoin fund is growing, Drawbrdige is getting the first clients, XBullion investment above 15% stake. This will be worth more than AUD 10/share in a couple of years or sooner if Bitcoin really hits $100k or morz
I would like to think you are right, you mention the business drivers supporting SP growth, but then you base your comment on a doubling of BTC value,
It's really clear now, the only way BTC will affect DCC, is when its BTC holding drives their net worth above there capital share value.
Because the market is not seeing any value in their business, nor are management promoting it.
My 2c
Bitcoin surging DCC sleeping, page-6
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $47.65M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.4¢ | $66.19K | 1.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24391 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 351613 | 4 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.001 ( 1.43 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.7¢ | 5.4¢ | 385473 | ||
| Last updated 15.50pm 06/05/2024 ? | |||||
| DCC (ASX) Chart |