DCC 9.09% 4.8¢ digitalx limited

Some observations over past week: 1) 500,000 DCC buy @16c...

  1. 1,224 Posts.
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    Some observations over past week:

    1) 500,000 DCC buy @16c yesterday was real (there was 1,000,000 but 500,000 got pulled). Suggests deeper pockets looking at this company.
    2) Bitcoin press exposure up
    3) Westpac investing in bitcoin business (as per post today)
    4) Bitcoin price up on back of economic issues in Greece, Puerto Rico etc. People are seein the potential of bitcoin as a liquid store of value. (early days though)
    5) 14.5c is floor for now SP wise
    6) $6M cash and bitcoin in bank
    7) Airpocket announcements any time in next 3 months (MoUs on distribution will be the big one)
    8) Bitcoin volume up (helps liquidity desk operations Digital X Direct, price increases also make mining and Mintsy more attractive). Early days here but if trend develops could move fast given economic climate.
 
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Last
4.8¢
Change
0.004(9.09%)
Mkt cap ! $41.58M
Open High Low Value Volume
4.9¢ 4.9¢ 4.7¢ $57.11K 1.183M

Buyers (Bids)

No. Vol. Price($)
1 203647 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 43046 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
DCC (ASX) Chart
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