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The latest announcement is out from DigitalX Limited ( (AU:DCC) ).
DigitalX Limited has issued 227,273 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act 2001, as per the Section 708A(5)(e) Cleansing Notice. This move indicates compliance with relevant provisions of the Act and suggests a strategic step to potentially enhance liquidity or fund operations, reflecting the company’s ongoing efforts to strengthen its market position and shareholder value.
The most recent analyst rating on (AU:DCC) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on DigitalX Limited stock, see the AU:DCC Stock Forecast page.
More about DigitalX Limited
DigitalX Ltd (ASX:DCC) is a prominent Australian digital investment manager and the sole ASX-listed crypto fund manager. With over six years of experience in digital asset management, the company has achieved notable success, including having its DigitalX Bitcoin Fund rated as the top-performing fund in Australia for 2023 by Morningstar. DigitalX caters primarily to domestic individual wholesale investors and family offices, managing Australia’s first ASX-listed spot Bitcoin ETF and employing a Bitcoin Treasury strategy to enhance shareholder value.
Average Trading Volume: 2,440,458
Technical Sentiment Signal: Sell
Current Market Cap: A$65.51M
For a thorough assessment of DCC stock, go to TipRanks’ Stock Analysis page.