RE: L.T.I.17 Nov 2025 17:04
''KRKNF''
I am not going to lookin detail into companies that I would have no interest in purchasing.
As you should know, it is up about 750% since coming to market despite recently come off over 30% from a high.
It has a high market cap of about 1.15 Billion dollars and trading on the US over the counter market as Met1 has recently been put on. It is a profitable business on a high p/e of 75. It is up to an individual investor whether they think the forward looking growth in the business justifies paying an historic 75 times earnings for the stock or not , but obviously the forward p/e may come down considerably from that level. Is the fall back in share price a little breather on a continued upward trajectory or will there be a further fall, that is the question - but if an investor is confident of the long term prospects with a continuation of increasing profits, then trying to guess a new near term bottom is not worthwhile. Makes little difference if 3.5 is paid instead of the current 3.8 if the price goes to 10+ in 2 or 3 years