From the perspective of a long-term holder -
DCC should only liquidate their CC holdings when entering a short-position, i.e. selling during a downturn. I don't believe there is any point jeopardising potential gains just to appease the conservative share holders. These share holders will thank DCC once they understand the 'new money'.
IMO, at the core of DCC's success is their knowledge of the CC market, and their ability to trade within it. At the moment they are using ICO advisory as a means to fund this core activity. As time goes on, I believe their ICO advisory activity with increase, but they will find additional means to fund the trading of the CC market.
Summary: Don't liquidate just to keep the conservatively minded happy, do what will make the most (digital) money long-term.
From the perspective of a long-term holder - DCC should only...
Add DCC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
-0.005(8.06%) |
Mkt cap ! $49.38M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.0¢ | 5.7¢ | $72.81K | 1.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 102024 | 1 |
View Market Depth
| Last trade - 15.59pm 24/04/2024 (20 minute delay) ? |
|
|||||
|
Last
5.7¢ |
Change
-0.005 ( 6.56 %) |
||||
| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.7¢ | 200584 | ||
| Last updated 15.59pm 24/04/2024 ? | |||||
| DCC (ASX) Chart |