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BTC BULL RUN, page-189

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26/07/24

12:45

Post #: 74931282
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Originally posted by PNeblett: ↑

I sold DCC @ 0.04 in October and moved over to straight BTC.

For those still holding that means that they'd be up 28% since then, while BTC is up 96%...

Last year DCC had roughly $10M in expenses coming in at a loss before income taxes and "other comprehensive income" of $7.5M....

How much money does this ETF need to make to catch up with BTC earnings?

What additional costs are going to creep up in the next reports to account for the ETF?

Does anyone actually see the ETF pulling enough weight to stop the raisings and dilutions?

And before anyone mentions the "success" of Sell My Shares ... As far as i've seen, DCC has only ever touted rev increases for the unit. Costs always get muddled into the company's expenses as a whole. Who can say with certainty that SMS is even profitable? At this point I honestly believe that the business was purchased as nothing else but a bolt-on to put any kind of meaningful revs on the board... A distraction to shareholders to show that revs exist. And even worse, a distraction to management that should have been focused on the core offerings of the business.

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Yep thinking the same more CR and dilution, my thesis in purchasing years ago have changed, I thought Lisa may have stepped it up - nope ? better off in BTC or spread investments across various digital assets with a short term view of 6 -12 months and then off load.
Considering selling in the next leg up !

DCC Price at posting: 5.1¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.5¢		Change -0.002(5.41%)		Mkt cap ! $30.32M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.4¢	$113.5K	3.216M

Buyers (Bids)

No.	Vol.	Price($)
2	153045	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	84039	1

View Market Depth

No.	Vol.	Price($)
1	10188	0.035
3	471577	0.034
10	179494	0.033
8	492406	0.032
4	75000	0.031

Price($)	Vol.	No.
0.038	40000	1
0.039	306435	2
0.041	372448	4
0.042	238119	1
0.043	203571	2

Last trade - 16.10pm 04/10/2024 (20 minute delay)

DCC (ASX) Chart

BTC BULL RUN, page-189

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

BTC BULL RUN, page-189

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News