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I noted I& #39;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& #39;s history & portfolio. https://twitter.com/Wexboy_Value/status/1390034174300524544">https://twitter.com/Wexboy_Va...
...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& #39;s history & portfolio. https://twitter.com/Wexboy_Value/status/1390034174300524544">https://twitter.com/Wexboy_Va...
I& #39;ll say no more abt tht call...
...bt it echoes countless discussions/emails/etc. I& #39;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& #39;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& #39;t opportunity & astonished at #KR1& #39;s inv& #39;t track record to date...
...but & #39;til recently few have actively considered pulling the trigger & buying KR1 shares.
Which begs the question...why not?!
...but & #39;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& #39;s #Aquis listing, or the team& #39;s (obvious) #IR failings, or evil mkt-makers, etc. etc.
The answer (almost) every single time was far more prosaic...KR1& #39;s mkt cap & average daily volume were simply too SMALL!
The answer (almost) every single time was far more prosaic...KR1& #39;s mkt cap & average daily volume were simply too SMALL!
Which is a real shame (& source of regret, for many I& #39;ve talked to) noting #KR1& #39;s portfolio/stk trajectory in last few mths/yrs...
...a reminder even a SMALL hldg in something as high- #beta (& high- #alpha, as it& #39;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& #39;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">https://wexboy.wordpress.com/2020/11/2... a yr ago, its mkt cap was ONLY £7M...and let& #39;s not even mention how much SMALLER KR1& #39;s daily avg trading volume was compared to those mkt caps!?!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1">https://www.aquis.eu/aquis-sto...
https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
And">https://wexboy.wordpress.com/2020/11/2... a yr ago, its mkt cap was ONLY £7M...and let& #39;s not even mention how much SMALLER KR1& #39;s daily avg trading volume was compared to those mkt caps!?!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1">https://www.aquis.eu/aquis-sto...
And for a fund, #KR1& #39;s listing/IR/req& #39;d due dil/etc. are NOT a hurdle...they can & do move mountains for a unique inv& #39;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& #39;s all changed, NOW tht #KR1& #39;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">https://www.aquis.eu/aquis-sto... I shd note avg trading volumes aren& #39;t much different vs. 2017/2018...but perversely tht& #39;s #KR1& #39;s greatest strength!
...and an incredible 35-BAGGER in the last year!
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=KR1
Though">https://www.aquis.eu/aquis-sto... I shd note avg trading volumes aren& #39;t much different vs. 2017/2018...but perversely tht& #39;s #KR1& #39;s greatest strength!
& #39;Cos unlike 99.5% of #nanocaps, #KR1 bootstrapped itself into today& #39;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& #39;s effective #freefloat:
https://www.kryptonite1.co/investors
They">https://www.kryptonite1.co/investors... 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">https://www.kryptonite1.co/investors... 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& #39;s why #KR1& #39;s trading volume hasn& #39;t & effectively cdn& #39;t expand over last few yrs...
...something long-term shareholders recognize as another huge BULLISH factor.
BUT for pot& #39;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& #39;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& #39;s mkt cap...
...if it even remotely approaches the avg val& #39;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& #39;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& #39;s 185p share price, tht& #39;s actually $2.3M of daily volume now, a HUGE multiple of KR1& #39;s historic £/$ trading volumes.
KR1:PZ $KROEF K4H:GR
...at today& #39;s 185p share price, tht& #39;s actually $2.3M of daily volume now, a HUGE multiple of KR1& #39;s historic £/$ 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& #39;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& #39;l inv& #39;t!
...investors nd to realize #KR1& #39;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& #39;l inv& #39;t!
