DCC 1.89% 5.4¢ digitalx limited

DCC Mining, page-4

  1. 98 Posts.
    DCC couldn't make a decent profit off of the bitcoins they had when it was mined around the US$510 average mark. They held on to 8,500 of them in September in the hope they could sell them off higher later on. Now BTC is around US$200-$220.

    'As of September 30, the company held 8,500 bitcoins, worth around $3.3 million.'
    http://www.zdnet.com/article/bitcoin-hoard-no-remedy-for-negative-cashflow/

    If the margins were thin at $510 and that prompted DCC to hoard them, Then the current price of disney dollars is going to have to rise by 100% at least before it looks attractive
 
watchlist Created with Sketch. Add DCC (ASX) to my watchlist
(20min delay)
Last
5.4¢
Change
0.001(1.89%)
Mkt cap ! $46.78M
Open High Low Value Volume
5.1¢ 5.4¢ 5.0¢ $34.61K 665.2K

Buyers (Bids)

No. Vol. Price($)
1 11722 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 127410 3
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
DCC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.