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1.35%

3.7¢ digitalx limited

Net Tangible Assets, page-3

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may67

7 Posts.

3

21/02/21

11:02

Post #: 51189954
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Originally posted by Kohnra: ↑

As of the 31st December 2020, DCC announced accumulated assets of cash, BTC and BTC management funds of approx 20m.
This calculation based on 30k USD BTC price.
Assuming all the above to be accurate, effectively today's price in AUD of 72k would place their balance sheet closer to 40m. Excluding revenue from the fund, It would be safe to say their SP is trading at a multiple of only 1.45.
Not too many penny stock company's in such a golden position. A premium on NTA of about 17m to have exposure to both BTC price movement and Blockchain future revenue streams seems very enticing to potential value/ growth investors.
like always DYOR.

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I bought DCC last year at 4 cents and ended up selling at 10 cents when it became obvious to me that it no longer tracked the BTC price. Since then I've been trading MARA & RIOT on the US exchanges as they seem to have a better correlation to the BTC price.

GLTA.

DCC Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 3.7¢		Change -0.001(1.35%)		Mkt cap ! $31.62M

Open	High	Low	Value	Volume
3.6¢	3.7¢	3.6¢	$9.875K	275.4K

Buyers (Bids)

No.	Vol.	Price($)
2	34202	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	230475	2

View Market Depth

No.	Vol.	Price($)
2	34202	0.036
10	842087	0.035
6	682870	0.034
10	601135	0.033
10	552406	0.032

Price($)	Vol.	No.
0.037	230475	2
0.038	109853	3
0.039	356435	2
0.040	140213	2
0.041	370000	3

Last trade - 15.44pm 09/10/2024 (20 minute delay)

DCC (ASX) Chart

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