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Author Topic: Listed CryptoCurrency Investment at discount to NAV - Kryptonite 1  (Read 739 times)
rjmahan (OP)
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August 29, 2017, 10:58:01 AM
 #1

Hi,
The company Kryptonite 1 now trades at a quite large discount to its NAV due to the rise in the price of the tokens it holds.

Its now at a 50% discount to NAV - I recon due to the scarcity of investments like this it should trade at a premium.

Ticker is KR1 - its UK listed and on a small exchange so lots of you may not be able to buy....

Do any of you guys know of any other token holding companies out there ?  Ideally trading at a discount to the value of their tokens.

More on my blog

https://deepvalueinvestments.wordpress.com/2017/08/29/kryptonite-1-kr1-cryptocurrency-investment-trust/

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P2Pfinder
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August 29, 2017, 11:07:24 AM
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Pay attention befor put you money in asset that quote higly under NAV. A discount shoud be not over 20-25% .


Hi,
The company Kryptonite 1 now trades at a quite large discount to its NAV due to the rise in the price of the tokens it holds.

Its now at a 50% discount to NAV - I recon due to the scarcity of investments like this it should trade at a premium.

Ticker is KR1 - its UK listed and on a small exchange so lots of you may not be able to buy....

Do any of you guys know of any other token holding companies out there ?  Ideally trading at a discount to the value of their tokens.

More on my blog

https://deepvalueinvestments.wordpress.com/2017/08/29/kryptonite-1-kr1-cryptocurrency-investment-trust/



rjmahan (OP)
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August 29, 2017, 12:33:09 PM
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Sorry that's utter nonsense.  I have made lots of money buying things under NAV - stocks like TJI - went up 10 fold, RMA - nearly doubled, Fondul Poprietatea.

You should be careful - not everything is as good as it looks but never buying under NAV - not at all sensible.

See the blog for examples - www.deepvalueinvestments.wordpress.com
P2Pfinder
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August 29, 2017, 12:38:19 PM
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Sorry that's utter nonsense.  I have made lots of money buying things under NAV - stocks like TJI - went up 10 fold, RMA - nearly doubled, Fondul Poprietatea.

You should be careful - not everything is as good as it looks but never buying under NAV - not at all sensible.

See the blog for examples - www.deepvalueinvestments.wordpress.com

When prices goes higly under NAV (so more than 50%) we could assume that someone had more info on this asset than us. And usually (as happen on US pinksheet and OTC mkt) people try to sell they loosimg stoks by spamming news  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
rjmahan (OP)
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August 29, 2017, 12:41:13 PM
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Not at all.

This was trading at NAV.  The price of its crypto holdings went up.  It is now under NAV. 

People havent noticed.  I bought in today. 

I am to some degree spamming news as I want the price to go up - but as of today the opportunity is 100% genuine.

Look at it another way - people are buying this crypto - they could get it at half price via this....
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