Member Info for btbt

This is a good update and there are so nice chunky buys today.

I suspect that the other news due this month will be formal confirmation of the £2m funding at a premium of 2p, plus progress on the further £10m funding at a further premium price.

Lots to come!

Unfortunately, if anyone is short then it is the MMs, and they are not going to short squeeze themselves. They will crash it and hoover up shares.

Below placing price before the placing has even been approved.

Placee's will pull out and SP collapse. Incompetent BOD. Not in a hurry to do anything other than announce placings.

SP is now under the placing price. What a complete joke. This placing could get cancelled and then it will truly collapse.

All this clown has done since joining the BOD is announce 2 placings - one of which they don't even have the authority to do yet.

Another company where the BOD have no idea how the markets work. So incredibly naive.

Now 4m of sells with no fall in price. Very odd.

But yes I agree with your point - really dislike this placing. Why would they announce a placing that they can't even go through with without an approved prospectus? They have completely killed momentum and interest here.

Strange action today. 2m of straight sells at 1p and the price hasn't budged. They will also take all of mine currently for 1.0055p - There must be a huge order being filled?

Give them a break, they've announced 2 placings in a month. What more do you want

TBH I am also growing annoyed.

They killed the momentum by announcing this raise and then have done nothing since. I thought that they must have something lined up to announce such a large raise before the prospectus was released, but seemingly not due to the lack of urgency since.

1.8p down to a raise of 0.9p the following day really stings. the least they could do is pull their finger out.

10%! My message cropped

'Following strong demand from numerous investors, the Company has decided to raise additional capital to enable it to continue to execute its strategy of acquiring a disruptive AI driven fintech business'

I think a good chunk of these shares will remain in sticky hands. The raise was requested by investors who wanted a bigger chunk, they won't be selling for

Frustrating as it is, the company did need cash. Once the dust settles we are in a very strong position now. FPP now have more cash than CPAI and with David on the board I'm sure we will get a similar rise in SP soon

The free float here must be absolutely tiny. I hold just under 1% and I am by no means a big investor. I am sure there are many more like me too

Goodshare - off topic - how did you see the £10k delayed trade before it printed? I pay for live trades on ADVFN and it was delayed on there too. thanks

I'm still here and holding to see what the next news brings. I will buy more if it goes to 1p, but I'm sure that there will be a long queue of people.

I've taken another 180k. Would have preferred to have bought yesterday buy my funds hadn't cleared.

Still very happy to pay 1.38

I've bought in here but had to do it via an NT. Been very hard to buy all day

Buys are picking up and spread has tightened to 2.15/2.20. It looks like it is about to bounce back up.

Should be closer to 10p based on the deal announced last week.

The current market cap is essentially the cash held by the company.

There is no plus side priced in for the potential $6m deal currently, so I think that it has to move up further. I would expect to hit at least the 8-10p range next week.

Yep. It will sink in soon though and head towards 10p - it simply has to.

Actual spread is a lot tighter.