they have been wrong a hell of a lot more than they have been right.
I'm more interested in diluting the shareholding, when they could have looked to raise in the 10c+ range in a few months after the halving rather than now... selling BTC at all time lows last year wasn't very smart, and now they want to buy more at all time highs... I'm still bullish on DCC assuming we get the ETF approved and win the Mt Gox coins back. if neither of these come off I feel it is going to be a hard road ahead.
BTC will recover, hit much higher highs soon, and those 10c poppies they are gifting their friends in this raise will get exercised. we will see a higher BTC and DCC price will push possibly into the 20c range... IMHO.
BUT.... confidence in their strategy for me is weak. these grandiose plans need to be realistic. I hope they are internally.
they have been wrong a hell of a lot more than they have been...
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $47.65M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $108.1K | 1.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 391557 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 679323 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.002 ( 3.51 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.4¢ | 462064 | ||
| Last updated 15.58pm 26/04/2024 ? | |||||
| DCC (ASX) Chart |