Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I tend to agree but I don't think people are pricing in the BTC or Ethereum as nobody knows exactly how much we have. There may well be a distressed seller or simply a seller who has made a shed load out of the stratospheric rise we've had, but that doesn't worry me as it is only short term, and gives me the opportunity to lower my average.
The key thing I keep coming back to (apart from their incredible performance) is that there are only 131,000,000 ish shares in issue. Which is actually a very small amount. So when we finally get mainstream awareness there is going to be a huge demand for a very limited supply of shares. And we also have a comparatively educated shareholder base who for the most part have pretty solid hands. It can only mean one thing :)
People are also missing the facts that we are revenue generating, have no debt, and an extremely low cost base, so mst importantly no real need for a placing (though I've learnt never to rule this out no matter how unlikely)!
after re-watching some of the old interviews and investor videos on Youtube. It is staggering how accurately G&K called what is happening right now. They talk a lot about being at the bleeding edge of innovation in the space. Being able to pick the winners in this space only comes with the years of experience they have in judging the projects, and just as importantly the people behind them. They have several investments that are pre market at the moment so can't be valued, but on the strength of their previous performance at least 50% are going to be multi multi baggers. Probably the most exciting of these is Internet Computer. Previously known as DFINITY, which if some of its supporters are to be believed could double KR1's market cap singlehandedly. And that's just one. There's also the likes of Swarm, HydraX, Vega all of which could represent multi bag returns.
And despite all of that KR1 is trading at a 10% discount to NAV, and doesn't even factor in the circa $15-20Million of staking revenue.
They have three days to 'settle' the order so they will hope that they can manoeuvre the market to their advantage depending on the overall volume. If there is a surge in demand the market makers will quickly run out of shares, they then have to raise the price to encourage sells. But they can also allow someone to buy shares off them that they don't yet have which is why it takes three days to settle. This is all IMO by the way and am perfectly happy to be corrected by someone with more knowledge.
Hey guys, anyone noticed this chap on twitter who tweeted about us earlier today? He is an epidemiologist and Health economist with connections to Harvard and John Hopkins and he has 446K followers (and a blue tick).
Apologies if already posted.
Much luv.