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If investors still doubt #KR1 can re-rate on Aquis to my 2.5 P/B fair value tgt...
...it’s worth highlighting something like #COIN has now re-rated to PRECISELY tht P/B multiple today!?
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=COIN https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
...it’s worth highlighting something like #COIN has now re-rated to PRECISELY tht P/B multiple today!?
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=COIN https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
Which begs the question...is #COIN’s val’n re-rating due to its US OTC dual listing?
Actually no, I don’t think so...
...OTC listing’s actually been a bit of a dud for them, I suspect it’s jst new & old muppet investors buying into COIN’s same old #jamtomorrow spiel again!?
Actually no, I don’t think so...
...OTC listing’s actually been a bit of a dud for them, I suspect it’s jst new & old muppet investors buying into COIN’s same old #jamtomorrow spiel again!?
Same is clrly NOT true of #ArgoBlockchain:
Xmas season & bizarre #tailwaggingthedog effect ($ARBKF volume only 4% of ARB:LN) def helped...
...bt no denying spectacular success of its US OTC listing strategy here, with a +73% reval’n gain so far today!
https://www.londonstockexchange.com/stock/ARB/argo-blockchain-plc/company-page
Xmas season & bizarre #tailwaggingthedog effect ($ARBKF volume only 4% of ARB:LN) def helped...
...bt no denying spectacular success of its US OTC listing strategy here, with a +73% reval’n gain so far today!
https://www.londonstockexchange.com/stock/ARB/argo-blockchain-plc/company-page
And I specifically say ‘strategy’:
‘Cos the challenge of a US OTC listing isn’t cost, it’s the addt’l/significant time/money req’d to actually get on the radar of US investors...
...and compared to COIN’s damp squib, it’s clear ARB has cracked tht nut successfully!
‘Cos the challenge of a US OTC listing isn’t cost, it’s the addt’l/significant time/money req’d to actually get on the radar of US investors...
...and compared to COIN’s damp squib, it’s clear ARB has cracked tht nut successfully!
And since it obviously wasn’t an inv’t of time, presumably if came down to money...
...it wd be very instructive to know exactly how & where #ArgoBlockchain mgmt spent money to actually generate US investor interest & initial trading volumes?
...it wd be very instructive to know exactly how & where #ArgoBlockchain mgmt spent money to actually generate US investor interest & initial trading volumes?
Regardless, it obv offered/delivered a spectacular RoI, bt tht’s not news...
...given appropriate time and/or money, a (dual) US listing’s always been a route to almost-inevitably higher N American val’ns, esp. in small/micro stks & hot sectors!
Like #crypto right now...
...given appropriate time and/or money, a (dual) US listing’s always been a route to almost-inevitably higher N American val’ns, esp. in small/micro stks & hot sectors!
Like #crypto right now...
