LTH know I'm bullish on this stock but you guys are getting ahead of yourselves here.
The multiples times earnings needs to be evaluated from the Company component not the crypto valuation. This shouldn't be 2 3 or 4 times value. What should be 4 5 10x earnings should be based on the funds performance and also assets such as drawbridge in time and consultancy fees. DCC charge 15% performance fee from funds under management plus 1.5% MER and this my friends is where the revenue will drive these multiples. It's a no loose deal imo. Crypto goes up, they take 15% Crypto falls? they make another 15% on the second rally. It's like getting 15% on the same money again and again because as the volatility in the fund is inevitable, the fund double dips and take another commission on the price rally.
In layman's terms, price corrections along the way add extra revenue to DCCs bottom line and make this stock more favourable as a long term security.
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Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $48.51M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $13.15K | 245.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38142 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 2400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 38142 | 0.054 |
1 | 270520 | 0.053 |
2 | 225000 | 0.052 |
3 | 442168 | 0.051 |
5 | 140000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 2400 | 1 |
0.056 | 243582 | 3 |
0.057 | 351613 | 4 |
0.058 | 457142 | 2 |
0.059 | 323538 | 2 |
Last trade - 12.47pm 08/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
  |
Change
-0.002 ( 3.57 %) |
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Open | High | Low | Volume | ||
5.4¢ | 5.4¢ | 5.4¢ | 37001 | ||
Last updated 12.07pm 08/05/2024 ? |
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