Member Info for bigsmoke

Might dip my toe at and below exercise price

Might be better waiting till the dust settles

Gap closed in 5 mins.

.

Lol

" For any bidder they just have one less asset and more cash instead ...so it probably balances out for them "

did we not go over this the last time? The premium needs accounted for. ...............

"Suggests to me it was a bit of a rush to get it out." - maybe they should have asked for an extension ;p

I am not saying there is no opportunity going forward. £2.5M is the best working cap they have raised so far, no? but the failure to disclose figures (rev and profit) is alarming, and the equity flight plan is fraught with major turbulence.

True, but 1/ doesn't change the digits, 2/ with small caps, what's the difference these days.

But the damage is c. 90-95% value removed

I'm in this too. but come on, the fully dilluted sc goes from 450m to 3.75b (before another £10M raise) and you think the warrant holders will hold for 5 years??? you need to follow AIM companies closer

Why are Sid the only (visible) party? Because everyone wants them to table their formal

Offer and we go from there.

Deadline day. WG fire first shot. Get yer act together Sid and make the formal offer to get bidding war started , or we are off on plan B

Games R us

I though the point of AI was that it makes coding cheap. They will have raised something like £20M by the end of the RNS. What is all they money being spent on if AI workers do not charge?

? what's your point Yuri ?

that's the sub, not the PLC

Are we there yet?

Look what happened to SCGL - anything can happen in this game. SP could fly, but long game is massive dilution awaits at some point.

I guess there must be some pumps and dumps to drive interest, but looks like the SP could be locked into the 1.2p - 1.6p )old money) range for a while - bar some exceptional change of circumstances - like disclosure of massive profits.

At 1.6p mc = £7.85m. So, post investment - if the sp stays at 1.6p then mc c. £10M. The company then needs to raise 100% more shares for further £10M.