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KR1 KR1 Plc

74.50
-0.50 (-0.67%)
25 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
KR1 Plc AQSE:KR1 Aquis Stock Exchange Ordinary Share IM00BYYPQX37
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -0.67% 74.50 70,286 15:29:31
Bid Price Offer Price High Price Low Price Open Price
70.00 80.00 75.00 73.00 75.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
16:22:52 8,086 74.20 GBX

KR1 (KR1) Latest News

KR1 (KR1) Discussions and Chat

KR1 Forums and Chat

Date Time Title Posts
22/3/202410:36Kryptonite1863
08/11/201918:42KR1 PLC Investor Evening - 11th of November at 6pm3

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KR1 (KR1) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-25 15:22:5274.208,0865,999.81O
2024-04-25 14:49:4073.062,5511,863.76O
2024-04-25 14:49:3974.502,1071,569.72O
2024-04-25 14:49:3173.002,1561,573.88O
2024-04-25 14:48:4173.06999729.87O

KR1 (KR1) Top Chat Posts

Top Posts
Posted at 22/3/2024 08:09 by bootie64
https://polaris.brighterir.com/public/kr1_plc/news/rns_widget/story/x81yppwKR1 Announce $600k investment into Moondance Labs.
Posted at 29/2/2024 10:16 by purplepelmets
Small beer compared to the discount to NAV over at tiddler PNIX. I hold both(more kr1) but in terms ov leverage seems PNIX has a bigger upside
Posted at 19/10/2020 18:14 by justintime9
It is only a sell off if you look at the chart on a short term basis BOTAK?

1st Sept to close today and the share price has fallen from 17.5 to 13.25p

From 22nd July the share price has risen from 6p to 13.25p - up over 100%

George is not rushing to get off of Aquis simply as he does not need to raise further funds and thus the share price is a touch irrelevant at this time.

Give it two years and that changes.
Posted at 12/10/2020 13:28 by botak54
Zak Mir explains the issues with NEX /Aquis from minute 13 ,link -

hxxps://www.share-talk.com/george-mcdonaugh-managing-director-and-co-founder-of-kr1-plc-interview/


The spread is obscene ,The MM,s absolutely trash the share price and a few £K of sell,s and only a small minority of brokers give access to this platform ,Its a Playschool for a very tiny minority and even George McD touched on the issue in last rns of -

KR1 is a public stock on London’s AQSE Growth Market (KR1: AQSE), which was previously the NEX Exchange. Aquis Exchange plc recently acquired NEX Exchange with the intention of making improvements to the exchange infrastructure in regards to electronic trading, higher volumes, deeper liquidity and allowing for a more global investor base. We are looking forward to seeing how the new Aquis Exchange team implements their plans for improving the legacy NEX Exchange over the months to come.
Last trade was 11.6 a sell of 48K , So the MM,s drop the share price 9% on a sale of miniscule proportions
Posted at 12/10/2020 11:57 by botak54
The Comment -

Liquidity in the Ordinary Shares is extremely low, which reduces their attractiveness as an investment for all types of potential investor.

Gives the game away Slice I,m afraid
Aquis / NEX is a quagmire they need to climb out of soonest , Whether to AIM ,Main Market or a foreign alternative market ,KR1 share price is being valued & manipulated by a bunch of Clowns
Posted at 01/10/2020 22:08 by failedqs
John652 - I can maybe help with some info. Taking your points in turn:

The reason for the drop in unrealised profit is presumably as you have assumed, ie fall in value of the holdings AS AT 30.06.20.... That date is very important, as the value of KR1 holdings raced ahead in the last 3 months, just after that date.

Yes, it would be handy if KR1 were to publish a full list of holdings regularly, and they might do that as the portfolio develops. However, if you go back and read all the RNS's issued since the start of KR1, then you can get a fairly accurate picture of the exact current holdings. Bit of a ball-ache to do this but the info is all there. I should add, I realise there are some holdings that KR1 have, details of which have never been announced, but presumably that is because they are insignificant in nature when compared to the overall portfolio value.

The shares are currently trading at circa a 40% DISCOUNT to the value of the holdings, NOT a premium. KR1 have about 35-40 different holdings, and I estimate the total value of these is a minimum of circa £28m (excluding cash, their Bitcoin holdings, some Ethereum and other presumably minor holdings that I cannot quantify). But the market cap at current share price of 13p is much lower, at just under £17m.

Given the potential of some of the holdings in the pipeline, and the current trend with DeFi in particular, the near term potential is, in my opinion, quite staggering.

One thing to note is that the current value of the top 4 KR1 holdings is about £23.0m on their own - This comprises Polkadot (4,001,300 tokens - £13.1m), Atom (1,226,681 tokens - £4.7m), NXM (110,667 tokens - £2.7m) and Dfinity (191,681 tokens - £2.5m).

If you look at the recent RNS's you will see that there is now a regular income stream from "staking", and that should negate the need for any future fundraising. Also, they can also sell some holdings that have increased in value in order to lock in gains as may be required for future investments.

I really hope that this company has the same number of shares in issue in 5 years time, as by then I think the market cap could be many multiples of the current level, and shareholders will be enjoying the spoils.

Hope this helps!.......
Posted at 04/9/2020 18:33 by failedqs
After a bit of pullback in crypto prices I thought I'd do a calc of the value of the assets KR1 own. Again, I have not included any cash, bitcoin holdings, or any ethereum (with the exception of the ETH I can identify that they have timelocked to date). Also excluded is anything for Ox, Augur and ChainX which have been mentioned but no holdings disclosed.
So taking prices as at 6pm today, we have coins/tokens with a value of just under £32m. Taking a share price of 14p (ie offer price at close today), the market cap of the company is £18.3m. So there is still a significant discount which will hopefully narrow in the near future.
The top 4 holdings (DOT, ATOM, WNXM & DFN) are worth £26.8m.
For the last 3 years I have been listening to "The Bad Crypto Podcast", its pretty good. In the past 2 weeks they have mentioned Polkadot a couple of times, and in the most recent podcast out today they say that some of the key players are tipping Polkadot to become one of the top 3 cryptos. Wow, that would be transformational for KR1.
Does anyone else listen to that podcast? They have had some pretty good guests on over the years (including John Macafee 4 or 5 times, who is always "interesting"), and I was thinking that they should get George McDonaugh on as a guest......
Posted at 16/8/2020 09:20 by botak54
There has to be an element of ( Bubble ) fear as a legacy left over from the 2017/18 Crazy run where a lot of people lost copious amounts of money ( Although for me Cosmos ,Dfinity & Polkadot are relatively entrenched for growth ), The current DeFi phenomenon is gaining real traction but the structure is still prone to catastrophic & Instant tanking

hxxps://cointelegraph.com/news/yam-token-holders-burnt-the-hardest-after-price-plunges-to-zero

So proceed with Caution is even more prudent today, Having said that the World is ripe for a decentralized system ,How many Billion people still unbanked , US $ quoted recently as toilet paper , the predicted inflation ,Quantitative easing to name a few reasons so the potential for growth is off the scale in Trillions of $,What is a stand out sector is smart contract insurance with Nexus Mutual now around $45 million & NEX token @ $27.15 as I type Hugh Karp,s baby is going to be a Unicorn for sure with KR1 being a big part of that story , Just on the potential of Nexus alone the share price should be trading at a 50% Premium , Gervais Williams has obviously seen the potential here so how nobody can tell me the rest of EC1 is not monitoring the progress , If one looks back at the trading patterns since Q119 one will notice a blatant countering of any notable buying spree with round figure sell,s , Institutional players have the clout to control the share price without declaring TR1,s etc , Once those Institutional players decide to make there move Then we might begin to realise some true value
Nexus Mutual alone justifies a 10p SP, Once you add the DeFi sectoe & Cosmos,Dfinity,Polkaot and the upcoming Edgeware,Vega ,Ox,Auger,Melon etc etc then Moonshoot time is on the horizon
Posted at 08/7/2020 13:59 by failedqs
I must also admit to being a bit frustrated at the lack of share price "action" with KR1.

I feel the fact that the share is traded on Aquis (formerly NEX) is a major factor of course for larger and more serious investors staying away for now. I also recognise that the company is perhaps not large enough to make the move to AIM at this time, so there is no easy answer.

My hope is that one (or maybe more) of the investments in the portfolio becomes dramatically successful, thus resulting in a more compelling argument for moving to a larger trading exchange as a result of a larger market cap. Cosmos is currently doing very well, and I expect the rerating of that particular gem to continue. Any move to a larger market at the appropriate time will, as we know, result in greater exposure for KR1 and hopefully greater understanding, and then a higher rating.

Originally, I saw this company as a play on alt-coins. I have traded in and out over the last 2-3 years and now have a decent core holding I am happy to sit on for a few years. I now see it as a broader play on blockchain technology and the huge DeFi market, and have a great deal of confidence in the management despite the muted share price. (Any time I see them doing presentations I get a feeling of confidence that I don't get with Coinsilium!!)

I have about 45% of my personal "crypto investment fund" in KR1 (other circa 50% directly in BTC and ETH, and 5% in Coinsilium) - I have my fingers crossed that in another 2-3 years blockchain will be more fully understood and will be a fundamental requirement for any serious investor. DeFi in particular is going to be a booming area of growth I think, and we have stakes in many companies who will be key players and will prosper.

Final results in the next 2/3 weeks hopefully, with some words of guidance, and we will then maybe have a better idea of where the company is heading.

Good luck all.
Posted at 29/1/2020 10:40 by botak54
At Last KR1 share price beginning to reflect the Big picture


"Tezos and Cosmos legitimized proof-of-stake in 2018, and 2019," said Schmiedl to Brave New Coin. "They came up with proper risk and reward incentives for validators and managed to distribute the initial tokens more or less wisely, leading others to realize the scalability, governance, and environmental benefits of proof-of-stake."








hxxps://bravenewcoin.us8.list-manage.com/track/click?u=3bcee1ef2023cd3e45524e325&id=60d3eeff7b&e=dfdf57f56e



DeFi locked in $894 million
KR1 share price data is direct from the London Stock Exchange

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