Post
Topic
Board Announcements (Altcoins)
Re: Question for jl777 - supernet/unity trading activity on nxt asset exchange
by
jl777
on 06/06/2017, 19:12:11 UTC
It looks like the 'Asset Issuer' account has been out there purchasing Supernet/Unity on the nxt asset exchange?  Why would that account be doing that?  The volume has been relatively high as of late.  I'm not sure what to make of it all.  Still sort of confused how the old Supernet/Unity asset relates to Komodo - and what's the longer term prognosis for the Unity asset given Komodo.
http://old.supernet.org/nav.php -> NAV over 700

I have been buying SuperNET at below NAV for years. I like the discount and it also provides liquidity to the person selling.

What almost everyone didnt realize is that the stronger KMD is, the more it helps SuperNET. Having virtually all my major positions kick into high gear didnt hurt either: STRAT, IOTA, KMD, SYS, WAVES, etc. Even the little HEAT is starting to register on the totals page.

As far as the long term prognosis, what do you think it means when the issuer is repurchasing on the open market? Finally, the initial assets are about to generate some revenues. Not much at first, but have to start somewhere. Over time, SuperNET will shift to trading as a high tech growth company with a large book value, instead of as a discounted closed end fund