Share Name Share Symbol Market Type Share ISIN Share Description
KR1 Plc NEX:KR1 NEX Ordinary Share IM00BYYPQX37
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 GBX

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

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KR1 (KR1) Top Chat Posts

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......
failedqs: Value of just the top 5 holdings currently circa £30m. Market cap (based on 12p share price) is £15.5m Surely a wonderful buy at this level, with so much potential for a rerating.
botak54: We will have to agree to disagree , What you say is logical but its based on hope , The reality is the share price has a history of strangling itself with liquidity issues and NEX is structured for start up,s , However I along with you think dilution is a bitter pill to swallow TO @ a premium when we are + or - 50p sounds palatable
slicethepie: Sorry to stir but couldn't believe how quite the board has become when we are seeing such excitement in defi and our share price has doubled wrongly assumed everyone had given up and sold out !
bapodra_investments: KR1 is a long term investment. Patience is required. The share price has still not reached its all time highs when Bitcoin was on its $20k run. KR1 has more value in its investment assets now than it had back then so I am expecting the share price to make new all time highs if Bitcoin approaches anywhere near $20k.
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.
bapodra_investments: Botak, The share price of KR1 PLC is down to the demand for the shares in relation to buyers and sellers at any given timeframe. There does not seem to be new capital being invested into the shares of KR1 PLC hence why we are not seeing a rise in share price. There needs to be more buyers than sellers for KR1 PLC shares and that is not the case hence why the share price is not moving. This is a clear disconnect between the fundamentals and financials of the company but unfortunately the NEX Exchange or what ever it is called now (Aquis I think) is a market with companies listed whose shares are more illiquid than AIM or the FTSE. This illiquidity is shown through the spread (bid/ask) of KR1 PLC.
bapodra_investments: KR1 PLC is generating revenue which is real money. There have been a great couple of RNS's in the past week. This is great for shareholders as it could lead to an appreciation of the share price. We have already starting to see the share price rise recently and if Bitcoin and Cryptos in general continue rising then I can see investor sentiment becoming even more positive with companies like KR1 PLC. I think the the team are doing a really good job. They just need to make sure that any revenue gained is re-invested in the best Crypto / Blockchain projects out there so that there is clear visibility in future potential revenues that could be received on any exits. They seem to be doing this which is encouraging. I think the exit strategy of KR1 PLC is the right one as it means they have a steady stream of income and do not have to keep on diluting shareholders which is so often the case with many micro and nano cap companies listed. For me KR1 PLC has immense potential. In my view it is a long term hold with accumulation on any major corrections. This is still well under the radar of many high risk investors and any news is limited to Proactive Investors. The publicity is weak and for the share price to really motor upwards it needs more buyers of the shares and basically more cash being invested into KR1 PLC shares otherwise it is at the mercy of speculators and potential 'Pump and Dump'.
jonnynixon: It's an excellent business, not sure whether aim listing in addition to nex would benefit share price and ability to trade
blindboy1: Yes, difficult to get any sort of return here at present, whilst there is a big spread, low volume, a regular significantly discounted share price to assets, no dividend and choppy crypto market. There will have to be some game changer event down the line in the set up, it's an exciting company to have a few quid in but it's less clear how you can actually get value out of it.
KR1 share price data is direct from the London Stock Exchange
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