RE: The future is there to grasp15 Sep 2019 13:14
Just to get a Grip on what we are invested in here , In April 17 they did this - The
Company invested GBP100,000 for 1,279,840 Atom tokens in the ICO, which
successfully raised a total of $16.8 million within 30 minutes of opening to
the public.
In May 19 this - To date, KR1 has generated
15,463 ATOM. The Company is also pleased to announce that it has realised the
accrued revenue from staking yields thus far, realising 15,463 ATOM at an
average price of US$4.76 per ATOM for a total of US$73,671.
A month later this - KR1 plc (NEX:KR1), a leading digital asset investment company, is pleased to
announce that the Company has sold 70,079 tokens in the Cosmos Network ("ATOM")
project at an average price of USD5.14 per token generating proceeds of
USD360,605. These ATOM tokens were acquired at an average price of USD0.10 per
ATOM token during the public ICO in early 2017. Cosmos was one of the Company's
earliest investments and it is proving to be one its most successful to date.
Jeeez X 51 ROI !!!
In addition, KR1 has generated a further 7,008 ATOM tokens from staking
activities over the last four weeks, which it has sold at a price of USD6.93
per token. Since the Cosmos network launch on 14 March 2019, KR1 has generated
a total of over USD122,250 from staking yields and the Company continues to
hold a large majority of its ATOM position, which will also be used in this
way, generating revenues for the Company's operations going forward.
So say average 7000 ATOM token per month via POS , Today,s ATOM Price is $3.45, So average £24.5 K per month/ £300K a year revenue from POS on Cosmos Current market status - Suppressed and chart showing we are in a trough
I mean X 51 ROI on Cosmos Capital lay out alone , without factoring in Polkadot & Dfinity Capital Growth & POS yield
Let,s be conservative and say all 3 Cosmos/ Polkadot/Dfinity gross $1M a year off POS yield , Factor in -
The current average market P/E ratio is roughly 20 to 25 times earnings.
Gives us $20 million on PE
Let, say NAV is another $14 M
Can we currently value KR1 on a PE of $20 + NAV of $14M = $34 Million valuation against Current MC is say $9 million ,
Compelling case for a massive re rate to mirror the stellar ROI