FFG 10.0% 0.9¢ fatfish group limited

Why is FFG market cap less than its assets?, page-11

  1. 8,114 Posts.
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    The reason I believe that FFG's 27% of Kryptos-X is worth more than we paid,
    Is that many of the legal and regulatory requirements will have now been dealt with.

    Also the fact that Circle purchased Poloniex for $400M USD,
    And Circle is backed by Goldman Sachs...
    Poloniex has about $40M of volume traded in 24 hours.
    Giving it a value of approx. 10 times it's daily volume...

    Also Tony Mackay was involved in Instanet,
    Then Chi-X Canada, Europe and Chi-X global.

    Instanet and Chi-X Canada were later sold to NASDAQ,
    for around $500M USD for both.
    Chi-X was taking so much of the market share,
    that NASDAQ bought them out...

    The European Chi-X,
    And Chi-X Global were also sold...

    Tony MacKay knows how to set up an exchange,
    He has done so successfully all over the world.
    Banks and Brokers can trust the services he has previously created,
    This time will be no different.
    The rules and regulations would all be quite similar...IMO.
    The fact all of these exchanges were later sold, for good $$$$,
    Shows that we have the right people on-board...
    A track record like that gives me confidence in Kryptos-X...
    Last edited by $$$$$$$$: 02/08/18
 
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