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We should be cautious of the current OTC price in the US as it is grey market only so very unpredictable (effectively trying to work out demand and set a USD price). Frankfurt is a bit odd at the moment and of course all three exchanges draw from one pool of shares. My take is Aquis and Frankfurt will converge today but any further significant price moves will be driven by OTC demand (and any improvement in availability on other London exchanges or online access). For me that bodes well in the coming days and weeks.
Got it now on the search on OTC. Pink is where ARBKF started before moving up to next level. Dual listing is great news. RNS to confirm pending and a big jump up tomorrow. This is just the start :)
Yes. I asked him last week on Patreon if he would do a deep dive on KR1. He did and he upped his weighting, which is really encouraging. His note of caution like others is the limited exchange and accessibility. This has surely got to change, I mean why would you not?
The volume has been tailing off on KR1 since recent peak and given its difficulty and cost to trade plus the wide spread its not the obvious traders choice. Todays's total trades are around 25 last time I looked and I am 10% of the value traded today (I finally switched them to my ISA but couldn't bring myself to sell those already in my trading account). Yes there is a short term opportunity play here based on the NAV work thats been beautifully shared on this board (and thank you for it) but boy are people missing the point if they think that is all KR1 is. I genuinely think this is the most exciting opportunity in the listed crypto space and as yet unappreciated and undiscovered. GLA
Thanks for sharing this Botak. The increasing corporate and institutional interest and involvement is really significant. The next couple of weeks are also going to be quite defining for the whole crypto and blockchain environment in 2021 and beyond. The expiration of record BTC options at end of this week and the microstrategy BTC treasury open source strategy sharing early February are also hugely significant for the sector IMO. I rea;ly do need to get these KR1 shares out of my dealing account and into my ISA.....
Great to see this board get back to information sharing, debate and discussion. This last weak was depressing in the tone and quality of a lot of messages. I have seen it before over the years firstly with Geo Interactive media (anyone remember them) and Berkley Mineral resources (about to relist!) And to be honest they are really only the only 2 "speculative' shares i have bet big on. Geo worked out well, BMR not so much (so far). The same happened on both these boards in terms of great insight/research/sharing initially with a rapid deterioration as both shares became more popular and the share price uglier. Many of you will have seen the same on other boards. I will retire in a couple years and although my portfolio is quite esoteric it is primarily investment trusts and etfs. Bitcoin and crypto wasn't for me. I dismissed it a couple of years ago and congratulated myself when it crashed. Then I got interested in blockchain and did a lot of research. This board really helped at the start of that. I finally invested first trading day of 2021 in ARB , KR1 and Hive and now am a blonity patreon. Point us I am still learning after 30 years investing and it is boards like this that help.that learning and I am grateful for that. Thank you to all the posters who share, debate and educate on this board, bot boy has it been hard trolling through some of the BS on here last week. DYOR & GLA
Yes that was disappointing both in the RNS and since, It sounds like confidentiality agreements were part of the deal. Also no notification of major interests as yet so clearly “many pages” I also thought the prep for the presentation wasn’t great. Too many slides for the time. I also think he should be much more focused on communicating the metrics versus key competitors. That was the killer slid and the big message for potential investors and he missed an opportunity there. IMO. Still invested for the long term mind you.
It will be interesting to see if any impact. I would imagine there will be a lock in period so may have zero impact anyway and tbh why invest that sum just to sell. I suspect PW will clarify this tomorrow and there is then a much clearer runway. As Blonity says, think like a whale. Slainte
Thanks for this. One thing is for sure KR1 are undervalued in my opinion. This wekends price movement in altcoins only highlights this further. KR1 are certainly quite unique in this space. The Directors taking shares as opposed to cash was a massive positive for me and a signal that they recognise this. Moving to a more accessible exchange would be a good start and I would not be surprised to see this.
I also bought on HL over phone. As other posters said every easy though commission is higher. Do have the Aqeus site open to see close to live price. Spread was quite big when I bought at start of last week and when I challenged the dealers sell price he dropped it a little so worth challenging it. Buying crypto stocks on HL is a bit hit and miss. I own Argo, Hive (Ethereum play) and KR1 (polka dot play and proof of stake generally). Quite keen on the other Canadian miners at current valuations but HL do not offer them though on same exchange as Hive. I know other firms do. I haven't posted on LSE for some time but the quality of discussion here is first class so thanks to everyone. If KR1 goes the way we all hope it wil no doubt go the way of tbe argo board. Lets enjoy it while we can.