Catenai Plc Share Price (CTAI)

Looks like some decent buys going through at this level and selling looks to be mostly done. Should be a favourable entry whilst awaiting next Alludium news imo.

At 3 per cent per month interest. Need a miracle to get paid but I guess the alt was to put the company and this chai into administration. It counts as an asset on the balance sheet so Ctai can still trade. I reckon they are trying to raise more funds urgently. My guess is around 0.15 or lower. No value here at all at this time. That’s the way it goes with these type of stocks but we have had some real spikes to make a decent profit. I think punters are bonkers to buy these at this time but I guess another spike is possible if unlikely

Ok, biggest red flag here is why would anyone provided 'unsecured funding' to a small business which is highly unlikely to be able to make a repayment.

Absolute stinker.

Kong you picked this one well my friend.

This Klarian situation has become a bit of a joke. Catenai should have set one realistic date for payment to be made, even if far down the line.

I do see some positive signs that at least some payment will be made:

- they’re bothering to hold a webinar

- Klarian have signed an MOU for a pilot project

- I’ve seen a LinkedIn post from the CEO of the British Pipeline Agency (JV between BP & Shell) calling out Klarian as one of two innovative companies in this space a couple of months ago. Quite the endorsement.

It does seem Klarian’s business is on the rise again but they obviously don’t have sufficient cash flow at the moment.

In any event, I think non-payment from Klarian is already priced in here. Any payment would be a positive surprise, and any significant Alludium news should rerate the SP imo.

*Assumptions