DCC 3.57% 5.4¢ digitalx limited

LTH know I'm bullish on this stock but you guys are getting...

  1. 230 Posts.
    lightbulb Created with Sketch. 30
    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.
    Last edited by Kohnra: 09/11/21
 
watchlist Created with Sketch. Add DCC (ASX) to my watchlist
(20min delay)
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
Last trade - 12.47pm 08/05/2024 (20 minute delay) ?
Last
5.4¢
  Change
-0.002 ( 3.57 %)
Open High Low Volume
5.4¢ 5.4¢ 5.4¢ 37001
Last updated 12.07pm 08/05/2024 ?
DCC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.