Hi Alex, did the company tell you this? I only ask as the liquidity desk operations involve buying and selling bitcoins from various exchanges such as Bitfinex so a statement from the company saying this would be good. They have lost money at various exchanges before (Igot owes them $180,000).
http://www.coindesk.com/australian-government-wont-look-into-igot-customer-claims-says-report/
On another point, now that DCC doesn't do any mining an easy way to calculate the profit margin from Liquidity Desk/DirectX off the quarterlies is to multiply bitcoins purchased by 2-3% (their stated margin). With mining operations it was harder as you couldn't tell which coins sold were mined or bought and then sold or held.
The liquidity desk has heaps of potential however as bitcoin volume increases it is not that hard for competition to get in. In saying that an established, reputable partner may have some advantage in dealing with financial services community if bitcoin becomes a more common asset class utilised by investors.
- Forums
- ASX - By Stock
- The value of the Liquidity Desk alone
Hi Alex, did the company tell you this? I only ask as the...
-
- There are more pages in this discussion • 16 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
|
|||||
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