Hopefully news soon. Share price seem to jump late on on low volume so may fall back as quick to 2.06range in Dublin. If news lands will be positive though.
I cannot understand the poor performance of this in recent times(I accept it was a single digit price last year but based on current NAV which is well over £2 i.e £2.27 by my latest calculation if you include bitcoin & Etherium holdings . Is there something in the background holding it back???
Just to note I have included 134 Bitcoin & 4357 etherium which they own which I learned on this board previously which based on todays prices accounts for 47p of my £1.77 valuation so if you exclude it NAV would be 130p. Don't know why you would exclude though.
I have a full list of their holdings from a few months back and valued them at todays prices. I haven't noted any change since then in terms of additional tokens they have acquired or sold in the meantime but am happy that my NAV at £1.77 is accurate. Unfortunately I know no way of posting a copy of my excel sheet here but happy to do if someone informs me how to.
Once float goes ahead without a hitch which is always a risk this could trade immediately at the equivalent of 2.70-2.80 euro. What do you think yourself. As for next 12 months after that well that's a hard one hopefully move up from there gradually one would think. What do you think yourself. I am still confused on one issue i.e. once our 100% holding is converted do we get the equivalent same 100% value in new $ entity which would mean an immediate uplift from current price say 2.10 to say 2.70 i.e. 30% apx. Am I corerct in that scenario? i.e. if you owned €100 you would then have €130
Given that Dot is flying. How much of a fall in kr1 Monday? or could it rise. How strange would that be after this weeks blood bath. Weak holders please sell. The rest of us will stay on board and enjoy having bought your shares cheaply.
Hope you are well. Got list of assests a few months back , put them on my spreadsheet and have converted them from dollar to sterling .73 conversion at todays prices of each. 371million dollars i.e. 271 million pounds divided by 131 million shares = £2.07. Polkadot at $41 makes up 81p of this.
I have updated my spreadsheet for KR1 which may exclude some recent happenings. i have included KR1's etherium and Bitcoin holdings. Based on same and I believe it to be pretty accurate my NAV comes in at 207p so company trading at a substantial discount to this not to mention it's $20million staking revenue. Investors take note. I am a little exposed presently due to share fall and can be accused of ramping but facts are facts. Confident that one day I will wake up and this will be double todays price and probably sooner rather than later.
Some sellers out there but sure this will be quoted elsewhere in future(one of the main US Markets). Alternatively another outfit can see the potential here and may bid for KR1 so sit tight. this will rocket. Sell at your peril.
impossible to time it. trades between 7.50 and 8.4 and as soon as it gets to 8.4 falls back down again then up again then down again - head wrecking.
Thanks for that. So shares currently trading at a discount to 2.15 IPO. If you buy today at circa €2 you should be in profit at IPO of 2.15 and any uplift at IPO also to take advantage of. Shares still a buy IMO unless of course someone throws a spanner in the deal but when deal presented both pty's appear confident it will go ahead without any hitch.
Thanks for attempting to answer my question but I am still unclear. Do we retain 100% of our current shares at say the €2.15 price or is this cut to 82.5% of the 2.15 price(i.e. 1.77). alternatively if you own 1000 shares at €2.15 will you still own the equivalent amount at the IPO at €2.15 or will you only own 825 shares(i.e. 82.5% of 1000shares)
Merger details say minimum value of these shares will be €2.15. I note Total Produce will own 82.5% of new company. Does that mean that we will own 82.5% of our existing shareholding at €2.15 or will we still own 100% of our current holding at €2.15 in new company