It was mentioned on the thread yesterday that 11% is too high to be competitive - my thoughts:
- Airpocket targets much smaller denominations where traditional money transfers would not be feasible for these amounts given the fees
- Traditional money transfers operate at somewhere close to this commission (dependant on size of the transfer). If it is cheaper to use airpocket by 1% people will use it - no need to give away revenue.
- Airpocket like all blockchain tech has the benefit of operating in near real time with minimal risk. That's why the asx and large banks are all over it - it reduces risk while everything gets reconciled.
The sell down yesterday really did boggle my mind. Even if the annual earnings are only $10m / yr - which is much less than stated above - then the market cap should be well north of here, closer to $100m. IMO this is the result of fund managers saying 'sell on any rally' - however in the med term there will be some stocks that need to play the catch up game, DCC being one of them.
I was in this for a ST trade but after the ann am looking longer term for this - I think there is bags in in in 2016.
All IMO
- Forums
- ASX - By Stock
- DCC
- Potential Revenue Stream
Potential Revenue Stream, page-4
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCC (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $35.52M |
Open | High | Low | Value | Volume |
4.3¢ | 4.5¢ | 4.1¢ | $76.57K | 1.787M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 230525 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 238000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 671500 | 0.040 |
6 | 360000 | 0.039 |
5 | 323080 | 0.038 |
4 | 286189 | 0.037 |
8 | 407119 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 238000 | 1 |
0.043 | 50000 | 1 |
0.044 | 232558 | 1 |
0.045 | 558944 | 4 |
0.046 | 127200 | 2 |
Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
Featured News
DCC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online