this news release wears no pantshappy to see that the least bit of trivial news is posted
a subset of a subset whose mandate is already in place is not news
what is interesting is that higher risk management for IDK SEEMMMMS to be in place ....
this crypto market is so crude and ever changing , i am ok with slow because I can see buying into a currency and finding out next day that there are no buyers or sellers for the stuff
My greatest fear is always that a. we forget that anything permanent once owned in IDK must make a continous profit (revenue driven ) to be kept around in the portfolio
or b . that the item be bought at a low PP price only must be unloaded later
because the volitility of this cyrpto is so veryyyyyy high these two options will be critical
for the company.
The difference between PNP portfolio and IDK will be immense ....and the critical care to not hold any bag too long will be everything. look at the volitility of bitcoin. I can see the portfolio turnover being much higher.
Lastly I remember in the PNP portfolio there being an immense part of the portfolio simply classified as "unspecified " or "other" or private or " general....you get my drift....I am hoping that this company will NOT have the secret accounting classifications , especially when it comes to figuring out NAV........the PNP NAV turned out to be a bag of "SH*T" and when stuff was sold off to save the company no one really had a clue on what was owned and what was sold off ....from an investor perspective anyway .....imo