interesting your investment strategy is based around high profile ppl doing something so it must be right. i hope you have enough money to follow the crowds.
even if we say crypto is here to stay (i'm not denying it), its a matter of picking the crypto which will end up on top / highest market cap. many of these alternate coins will fall by the wayside
back to DCC, why does the volatility of BTC over the past 3 months mean automatic revenue for DCC ? I understand there is opportunity, but why guaranteed revenue?
Do you understand they consistently advertise their BTC holdings on financial statements? they report it as a current asset. to any investor is not good to hold volatile assets, cash is king.
let me provide some actual metrics for you instead of prediction or guessing:
DCC share price 09/01/18 = $0.41
DCC share price today = $0.165
DCC market cap has gone from $200m to $80m in the last 3 months
interesting your investment strategy is based around high...
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $32.05M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.6¢ | $31.87K | 864.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 411526 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 145373 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| DCC (ASX) Chart |