DCC 5.41% 3.5¢ digitalx limited

Ps: guys, just some additional thoughts from my end: we should...

  1. 267 Posts.
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    Ps: guys, just some additional thoughts from my end: we should not be looking at the stock price in isolation, but rather at the Market Cap of the company. With a credible management (i.e. pending the appointment of new directors), the current market cap of appr. 30M AUD (including newly issued shares to BGL) is still incredibly low.

    I can see this company hitting at least 100M AUD by year end of 2017, so that'd be around 36 cents. But look at other speculative stocks on the ASX (i.e. FBR for example), these have market cap in excess of 100M AUD. Also, look at any speculative stocks on the Nasgaq, you're looking at (at least) 300M USD!

    In summary, these guys need a positive P&L quarter, or one other major deal signed in the crypto space (in addition to the recently signed ICO), and we should be looking at a major correction upwards: market cap of AUD 250M is completely realistic within 6 to 10 months in my opinion (i.e. SP of ~ 80 cents...).

    J.
 
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