Maybe investors have woken up from their comas and started to value this stock. As I've stated in previous threads DCCs total Market Cap back in the 8 cps days rallied on a crypto backing of around 12 x . This rally was pre any understanding of the value of powerledger and I think my memory were issued at 11cents. Well we are 700% up on this investment. BTC was about 5k if I'm not mistaken, now we are 20k another 400% up . Even with the s.p increase we are trading no where near the same multiples. Best of all... And this is the big one..... The board have no plausible argument to issue more shares for capital raising!!!. Back at 8 cps they had every reason to dilute our holding as they only had a few years worth of funds. Previous holders know that this company has in the past dished out shares like confetti. I am alot more confident that ever before that total shares in circulation should hold tight at least until voluntary escrow expires mid next year. Should end the week positive.
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.18M |
Open | High | Low | Value | Volume |
5.0¢ | 5.1¢ | 4.9¢ | $34.26K | 679.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 160335 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.2¢ | 348738 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 110335 | 0.051 |
2 | 1061419 | 0.050 |
1 | 40000 | 0.049 |
3 | 597564 | 0.048 |
3 | 281297 | 0.047 |
Price($) | Vol. | No. |
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0.052 | 348738 | 3 |
0.053 | 602000 | 2 |
0.054 | 258252 | 5 |
0.055 | 48533 | 3 |
0.056 | 173589 | 3 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
5.1¢ |
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Change
0.000 ( 1.92 %) |
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Open | High | Low | Volume | ||
4.9¢ | 5.2¢ | 4.9¢ | 239591 | ||
Last updated 15.34pm 17/05/2024 ? |
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