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.
Net Tangible Assets
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 (20min delay)
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Last
4.6¢ |
Change
-0.004(8.00%) |
Mkt cap ! $39.85M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.5¢ | $102.4K | 2.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36055 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 32000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
4.7¢ |
Change
-0.004 ( 7.84 %) |
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| Open | High | Low | Volume | ||
| 5.0¢ | 5.0¢ | 4.5¢ | 995719 | ||
| Last updated 14.52pm 02/05/2024 ? | |||||
| DCC (ASX) Chart |