The multiples would be sky high given DCC makes little earnings. Another reason the fundamentals do not add up. Everything is riding on the value of cryptocurrency to prop up the market capitalisation. Unless there is great news with Airpocket, as quoted by DCC as being "the flagship" product of the company the EPS would remain high.
With no news given about Airpocket tells me it is not making any money from this APP at all and I anticipate this to show up in the next quarterly report. DCC are intentionally being quiet in this space and are simply riding the wave of media attention in blockchain technology re bitcoin etc...
The multiples would be sky high given DCC makes little earnings....
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Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.78M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 51 | 1 |
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| Last trade - 09.56am 03/10/2024 (20 minute delay) ? |
| DCC (ASX) Chart |
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