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I noted I'd heard this news abt #Lido (now a $71M+ hldg for #KR1!) on a call...
...in fact, it was actually a Zoom I did recently with a select group of HNWI/hedge fund/VC guys to dig into & discuss #KR1's history & portfolio. https://twitter.com/Wexboy_Value/status/1390034174300524544
...in fact, it was actually a Zoom I did recently with a select group of HNWI/hedge fund/VC guys to dig into & discuss #KR1's history & portfolio. https://twitter.com/Wexboy_Value/status/1390034174300524544
I'll say no more abt tht call...
...bt it echoes countless discussions/emails/etc. I've had abt #KR1 in the last few mths/years.
And reflects the core readers/followers I tend to actively engage with, i.e. HNWIs/family offices/(hedge) fund managers/etc. (& listed co CEOs/CFOs).
...bt it echoes countless discussions/emails/etc. I've had abt #KR1 in the last few mths/years.
And reflects the core readers/followers I tend to actively engage with, i.e. HNWIs/family offices/(hedge) fund managers/etc. (& listed co CEOs/CFOs).
Notably, ALL have been intrigued by the unique #pureplay #crypto/ #blockchain #VC inv't opportunity & astonished at #KR1's inv't track record to date...
...but 'til recently few have actively considered pulling the trigger & buying KR1 shares.
Which begs the question...why not?!
...but 'til recently few have actively considered pulling the trigger & buying KR1 shares.
Which begs the question...why not?!
And contrary to popular opinion, it really had NOTHING to do with #KR1's #Aquis listing, or the team's (obvious) #IR failings, or evil mkt-makers, etc. etc.
The answer (almost) every single time was far more prosaic...KR1's mkt cap & average daily volume were simply too SMALL!
The answer (almost) every single time was far more prosaic...KR1's mkt cap & average daily volume were simply too SMALL!
Which is a real shame (& source of regret, for many I've talked to) noting #KR1's portfolio/stk trajectory in last few mths/yrs...
...a reminder even a SMALL hldg in something as high- #beta (& high- #alpha, as it's #KR1) as a listed #crypto stk is better than NO position at all!
...a reminder even a SMALL hldg in something as high- #beta (& high- #alpha, as it's #KR1) as a listed #crypto stk is better than NO position at all!
Bt still...when I posted my Nov #KR1 write-up, its mkt cap was jst £21M!
https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
And a yr ago, its mkt cap was ONLY £7M...and let's not even mention how much SMALLER KR1's daily avg trading volume was compared to those mkt caps!?!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1
https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
And a yr ago, its mkt cap was ONLY £7M...and let's not even mention how much SMALLER KR1's daily avg trading volume was compared to those mkt caps!?!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1
And for a fund, #KR1's listing/IR/req'd due dil/etc. are NOT a hurdle...they can & do move mountains for a unique inv't opp!
BUT mkt caps/volumes tht SMALL do pose a HUGE #hurdle vs their own portfolio size/metrics/alternatives & in terms of research input vs risk vs reward.
BUT mkt caps/volumes tht SMALL do pose a HUGE #hurdle vs their own portfolio size/metrics/alternatives & in terms of research input vs risk vs reward.
BUT tht's all changed, NOW tht #KR1's an amazing 12-BAGGER in the last 6 mths...
...and an incredible 35-BAGGER in the last year!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1
Though I shd note avg trading volumes aren't much different vs. 2017/2018...but perversely tht's #KR1's greatest strength!
...and an incredible 35-BAGGER in the last year!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1
Though I shd note avg trading volumes aren't much different vs. 2017/2018...but perversely tht's #KR1's greatest strength!
'Cos unlike 99.5% of #nanocaps, #KR1 bootstrapped itself into today's mkt cap via extraordinary 200%+ pa portfolio/NAV growth, NOT via share issuance...
...the team took a £0.1M shell & raised ONLY £2.7M in total, with its last placing in 2018 & o/s shares growing <4% since!
...the team took a £0.1M shell & raised ONLY £2.7M in total, with its last placing in 2018 & o/s shares growing <4% since!
And investors tend to under-estimate #KR1's effective #freefloat:
https://www.kryptonite1.co/investors
They note the main stakeholders, but forget a HUGE % of investors who really GET #KR1 & the secular #crypto opp/trajectory are ALSO long-term shareholders here, almost regardless of price!
https://www.kryptonite1.co/investors
They note the main stakeholders, but forget a HUGE % of investors who really GET #KR1 & the secular #crypto opp/trajectory are ALSO long-term shareholders here, almost regardless of price!
And tht's why #KR1's trading volume hasn't & effectively cdn't expand over last few yrs...
...something long-term shareholders recognize as another huge BULLISH factor.
BUT for pot'l new investors, fortunately, who cares...
... #KR1 mkt cap is approx £0.25/$0.35 Billion TODAY!
...something long-term shareholders recognize as another huge BULLISH factor.
BUT for pot'l new investors, fortunately, who cares...
... #KR1 mkt cap is approx £0.25/$0.35 Billion TODAY!
And #KR1 cd still hit a MULTIPLE of today's mkt cap...
...if it even remotely approaches the avg val'n we see elsewhere in the listed #crypto stk universe, or (for example) #ArgoBlockchain or #GalaxyDigital!
KR1:PZ vs. ARB:LN vs. $BRPHF
...if it even remotely approaches the avg val'n we see elsewhere in the listed #crypto stk universe, or (for example) #ArgoBlockchain or #GalaxyDigital!
KR1:PZ vs. ARB:LN vs. $BRPHF
And while its avg daily trading volume (of 0.9M shares, across 3 lines of stk now) may not have/will not expand all that much...
...at today's 185p share price, tht's actually $2.3M of daily volume now, a HUGE multiple of KR1's historic £/$ trading volumes.
KR1:PZ $KROEF K4H:GR
...at today's 185p share price, tht's actually $2.3M of daily volume now, a HUGE multiple of KR1's historic £/$ trading volumes.
KR1:PZ $KROEF K4H:GR
And while an LSE/AIM listing wd obv attract a brand new cohort of #privateinvestors...
...investors nd to realize #KR1's $0.35B mkt cap today has alrdy promoted it into a whole new #investible universe for HNWIs/family offices/(hedge) funds to consider it a viable pot'l inv't!
...investors nd to realize #KR1's $0.35B mkt cap today has alrdy promoted it into a whole new #investible universe for HNWIs/family offices/(hedge) funds to consider it a viable pot'l inv't!
And they can now hope, with a little patience/discretion, to buy at a daily $250-350K clip & build a decent #KR1 hldg pretty quickly & easily!
And yeah, tht's exactly how I finished my recent call:
You may not be early, BUT you're def not late...
...why not start buying NOW!?
And yeah, tht's exactly how I finished my recent call:
You may not be early, BUT you're def not late...
...why not start buying NOW!?
