Member Info for BOTAK

One has to strive to be realistic and connected to the ground ,So to that end GMcD & KVS have been a major cog in the DLT rise so they do have access to a crystal ball in one sense so no excuses for lack of attention to the portfolio,s fortune's. NOt as if they are inundated with responsibility!!!

The crypto sphere is ever evolving and volatile and I just don't see the point of diversing from original strategy of offloading a % of non performers and investing in new tech . They have failed miserably in that performance. The first couple of years that strategy not only paid off but underpinned the company and endearing to the market

The future ( if there is one ) is in tokenised real-world assets it crypto.coins trading. As u say the market is over saturated with.mickey mouse tokens with 0 utility

I just find it Sad . Having witnessed from inception the rise ( and fall ) of KR1 . I had high expectations of GMcD & KVS .very smart cookies with balls

My guess is they have benn shanghied or incised into greener pastures within the DLT world utilising there attributes further , I don't blame them one bit .we all strive to.improve our lot . But I think they could have handed over to some young buck who has the dynamic trait and hungry to run the pf

Lot.s of investors got burnt here .

So not only Sad it's a shame

Unfortunately we have sucumed to a level not reached in years

A 73 ,708 sell @21.50

That places kR1 in a very precarious position . Falling under 20p exposes the sp to capitulation

Could it follow coinsilium down to the extreme depths ?

How can those levels be advantages for the BOD

Not

Then why allow it . In fact not shuffling the portfolio has actually encouraged the greasy slide

Good read . Appreciated spar

Whilst one would assume common sense would prevail . Governments are not known for there fairness and the UK government is saturated with Incompetence

On the flip side they do have green targets to adhere to. So need to be seen to complying with the Paris agreement etc

The whole sector has been blitzed last 3 months . NESF on par with the rest of the Renewable stocks

Across the board -30%

This was at 78p 3 months ago .

Has a nav of near double the sp and

Pays a high dividend that's reasonably well coverd .currently around 16p quarterly payments and

Is ISA eligible

That is fairly attractive to me

It's the uncertain industry stance that is prohibiting large scale institutional entry .those within the retail sector prepared to take a hit if fortunes don't improve substantialy might reap the reward

That's investing . I've jumped in to worse !!!!

Similar l trek .I jumped into SEIT around 50p mark .been a blinder so far with.oodles if up side to previous levels around 120p

Be amazing if Nesf bounced to.previous high.s

Not totally convinced yet though

It's against the grain situations like this that savvy investors keep the powder dry .

Income generating from the ever present energy sector stocks with a high discount to nav are never to be discounted unless something extremely toxic in the wardrobe

Does NESF contain toxic skelenton.s ?.

Doesn't seem to !

so.its a case of be patient , wait for near bottom and fill yer boots

With a near on 48% discount to NAV on a high ratio income generating stock .that is mighty appealing aspect

Why ?

I also checked the short position but seems negligible

Is the industry about to implode, No !

So

One has to challenge transparency, are the bod being fully transparent?

Sentiment is temporary , volatility is temporary

Bod not investing in house is alarming but fixable and again temporary

Personally . I will await the fallout from December 4th results then analyse and move .so tempting to grab at this low level.but catching a falling knife is too strong a risk at the mo

675

NAV = * it dipped below 50p *

Are you referring to the sp ? Ir sp.action based on the NAV ?

Very disheartening to witness a sea of red every day .

Expected up to 15/20% at the extreme end ,no more this is in danger of a full on capitulation

These guy.s were part of the dlt revolution from 2016 they had the vision .business acumen and conviction to.bacjk it up and spawn KR1 , the success & working capital came from liquidating a % or nI some cases entire holdings of investments

Somewhere along the line that strategy has been substituted for HODL across the board after entering into ludicrous deals that nearly always benifit the creators and not seed funding entities that carry the risk

Those were early days in crypto .the dynamic duo have no need to play the game of risk .they have connections and a wealth of experience to know what's around the corner

The amount creamed off by the bod is eye watering and is non sustainable without a massive increase in nav . Now with expanded dilution around the corner . Shareholder value is even more important for this fund to thrive

when you bought in momoni kr1 had immense prospects go on to achieve unicorn status and some within a few short years . the portfolio demonstrated a bod full of innovative forward thinking holdings .

the bod were and still are highly experienced in there chosen field .what has changed is the bod.s hoice of holdings has been overtaken in innovation. the early policy of taking a position in * years from launch * protocols at a massive discount seemed to be a sound policy .however having to lock in those discounted tokens until 12 months or so after launch was and is flawed .

all well and good backing the technology and the creators but at the expense of losing all market advantage during the first few weeks of those tokens being supported on the exchanges jeopardised the general portfolio value .

+

the steadfast resolve not to ditch the **** coins and invest in eth or the like to at least recoup some funds k in staking shows where the loyalties lie

on the positive side .some big buys going on

The market is never wrong !!!! Or so we been told to belive

Investing is gambling . No risk no gain

However,,

, when it does blow up in your face ( as this stock seems to.be doing ) its painful

138 nodes for eth sounds plausible .and perhaps viable ,only small time validator in dot & atom so no monumental movements there

the market has not exactly been set alight with main market news .let.s wait and see if more or any institutional players are attracted

in my opinion and only my opinion .only a certain few altcoins will survive .chainlink.hbar.xrp solana eth along with btc

the rest will be obliterated .can't see any use cases for meme or ****coins moving ahead .protocols will integrate

Up to 125m to expand existing staking programme

Does that read as TIA. ATOM,DOT & ETH staking expansion ?

An ETH TREASURY staking + Redstone sounds good

.but Lido ?

or even worse DOT & ATOM

There

I has KR1 down as a nailed on unicorn during this bull run

However ! It became quickly apparent that the sp was not popular ,the drop from the £1.10 spike was quick and lille support was evident .that was before the lack of monetary attention from the bod was prominent

Currently I don't see any indicators that fortunes will change regards bod shuffling the portfolio to highlight the most promising protocols or diverse into RWA

Sooooo dissapointed with the X dynamic duo attention to detail . Just a small % of my pf now . It's hard enough to judge DLT stocks movements even when the bod are lightning quick on in vogue movements .never mind holding a basket of old hat

So it was II system spread that was unbalanced . Is the * backwardation* flagged on II ?

Is that on II trek ? Or was it a mm feck up ?

That was a big dump after trading hours

Whatever

Cest la vie

Your posts are appreciated Tom

Tuseday might herald a new dawn for RWS or it might bring the mother of all tanking sessions

Life goes on