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....?
The problem with DCC is that they do not have a clear revenue...
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Last
4.6¢ |
Change
-0.003(6.12%) |
Mkt cap ! $39.85M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.5¢ | $52.82K | 1.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 157612 | 1 |
View Market Depth
| Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
-0.003 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 4.8¢ | 4.8¢ | 4.5¢ | 653637 | ||
| Last updated 15.55pm 14/06/2024 ? | |||||
| DCC (ASX) Chart |