Risk VS Reward.
As for risk, recent placement at 5.0c *should* put a floor on it at that price. 70% stake in ICI (current Mcap of $40 mill) roughly puts it at $30mill excluding all other ventures. Anyone got anything to add to downside risk?
If Kryptos-X functions well, then sky really is the limit. Look at the revenue the other exchanges pull in and put in a conservative assumption that Kryptos-X only reaches 10% of that level. Then factor in that Cryptocurrency trading is still in its early stages and that Tony Mackay has previous experience in developing a prominent exchange in Chi-X.
Looks like a good bet to me.
Fat Fish in 2018, page-2
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $16.87M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $16.74K | 1.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 781263 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1785637 | 8 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FFG (ASX) Chart |