The problem with DCC is that they do not have a clear revenue plan and even less clear plan to profitibility. The BTC fund & Xbullion have nowhere enough FUM to be able to generate any meaningful fees and Drawbridge doesn't seem to be generating much revenue either. I am always sceptical when a company struggles to elaborate in one single sentence what they do an how they generate income. By way of example, randomly selected ASX share - Accent Group (AX1) - company is in the business of footwear and generates revenue through retail sales in store and online.
Now try to do this with DigitalX....?
DCC Price at posting:
4.9¢ Sentiment: None Disclosure: Held
