Lets get some basic facts straight here guys, I feel the pessimism is through the roof in these threads.
Let's take a step back
As of the last 4C announcement DCC holds $3.5mil in Cash, 340k in liquid ievstments and 532 Btc.
Each bitcoin is worth $56k USD currently * 532
= 29792000USD
Using USD/AUD spot rate of $1.27
The bitcoin position alone is worth $37,855,145.22
In total the company currently has cash+financial investments of $41.7m
Current company market cap is $57m.
So at this very moment the EV of the company is $15.3m. Right now the market is valuing all the services and products that DCC has in it's pipeline and all associated future growth in cash flows and revenue at only $15.3m, seems like a super bargain to me.
I bought in at 9.1c on friday. I've never been a believer in cryptocurrencies but i've always believed in value. If I might as well get some exposure to crypto I'd rather buy something that's deep deep value.
Good luck to all that have sold but the market will always rerate.
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Last
3.5¢ |
Change
-0.002(5.41%) |
Mkt cap ! $30.32M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.4¢ | $113.5K | 3.216M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 153045 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 84039 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10188 | 0.035 |
3 | 471577 | 0.034 |
10 | 179494 | 0.033 |
8 | 492406 | 0.032 |
4 | 75000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 40000 | 1 |
0.039 | 306435 | 2 |
0.041 | 372448 | 4 |
0.042 | 238119 | 1 |
0.043 | 203571 | 2 |
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