Nominee co’s are set up by major brokers/custodians/etc. to aggregate individual sharehldgs, both large & small...eg in reality, Vidacos does NOT own a 25.5% stake.
And no, #WarrenBuffett does NOT have a direct/indirect hldg in KR1!
This nominee system does NOT absolve individual/inst’l investors of req’t to report major 3%+ stakes & any significant chg in hldgs...which you can track via #KR1 RNS:
And as I always say, #incentives drive behaviour...
...and accordingly, you can expect #KR1 team to really up their #IR game & focus on KR1’s share price/multiple in 2021 (with new NED #RhysDavies adding the necessary ext’l perspective/experience).
#BruceRowan hldg may be sold now (in which case, executors neglected to advise KR1 of the change)...
...bt otherwise, this £9.3M stake cd now be a v tempting #blockbuy tgt for an institution actively seeking #crypto/#DeFi/#KR1 exposure here.
DM/email me if I can help!
And speaking of inst'ns , only name I've seen in #KR1 to date was #GervaisWilliams of #Miton (sub-3% hldg, so no RNS), who's noted for his patient/pioneering #smallcap approach:
...let alone #KR1 growing from a £0.1M #nanoshell (tht ONLY raised a mere £2.7M) to a £0.2B* #crypto behemoth!
*234% CAGR!
We've reached a pt where #KR1's £0.2B mkt cap & recent avg £5.0M+ daily volume (now via 3 lines of stock)...
...now opens up & can attract a whole new pool of family offices & (smaller) (hedge) fund managers, seeking something FAR BETTER than a passive/leveraged #BTC play!
And VERY important to note #KR1's £ daily volume #driver...
...it's actually a function of today's share PRICE, not actual share volume, which remains a TINY % of o/s KR1 shares.
e.g. Actual 4.5M volume back in Jul-2017 was worth jst £0.15M then...bt TODAY it wd be worth £6.6M!
So it's a viable/easy proposition today for a family office/fund to build a decent stake in #KR1...(say) £0.5-1.0M/day.
Bt again, shares traded have (& will) remain a TINY % of o/s KR1 shares...do NOT underestimate how pervasive the #HODL here, in addition to stakes I mentioned!
This pot'l #supplydemand imbalance is another major positive/secular trend to underpin #KR1...
...the larger its mkt cap, the more ins'tl buying it can actually attract!
As always, it depends on yr own #crypto/#macro view & #risk appetite/tolerance...
Bt #KR1's BY FAR the best listed #crypto/#blockchain/#DeFi portfolio on the planet...one tht boasts 185%+ a year NAV/share returns & trades well below my tgt FV/share here!
Do people/investors really believe 80s Yuppies were far less into (luxury) experiences & far more into luxury goods than today’s Millennials?
Frankly, that’s bullshit...
Tht’s an entirely ludicrous apples & oranges comparison...as any Millennial will tell you, a luxury experience dsn’t actually exist unless you fucking Instagram it...which means 80s Yuppies were shit outta luck!