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Rise*

Agree that this will ride significantly in the coming days.

The company will have circa $7m cash after this deal which will be distributed to shareholders. Current Mcap is £1m so any dividend will be multiples of the current price.

Cancellation is irrelevant, insiders & institutions will buy heavily pre-cancellation (should it happen) to line their own pockets as much as possible, as with CMO.

Having taken some time to digest - that is an incredible RNS. It really show the calibre of the team we have on the board.

They are aiming for Billions of £s. The £12m market cap we have at the moment is chicken feed to them.

Dilution is off of the table in the short term - and I would argue long term too as the board are conscious about protecting shareholder value. I suspect any funds needed will come via private equity or through a partnership with R42.

We are in very safe hands here. We will be pennies within days once this news settles.

I would love for this to climb back up to 0.4-0.5 before the prof releases his next update. The pennies would really be in range then when he drops the RNS.

Why has it opened 15% down? Am I missing something? Invisible RNS?

We have no bounced off of 0.25 twice in the same way we bounced off of 0.50 twice.

I would expect (hope!) to climb from here.

I think any dip will only be minor and will be bought up immediately - I can't see any lower than 0.25.

On the flip side I hope that 0.50 is retested this week and we carry on with the inevitable climb to the pennies.

Any RNS could blow the doors off.

Also, refer to the initial run up of SCGL a few months ago. That had a few big red days on the way up, it's part and parcel of the market and things can't go up in a straight line

I reckon 0.30, or 0.25 worst case, will offer strong support. People like to work in round number milestones hence the big sell-off at 0.50.

Either way I'd say most of the pain is now out of the way, just hold your nerve a little longer!

SCGL isn't going anywhere with 1p CLN's. This is the real deal

Welcome back everyone ;)

Liquidity does not mean fund raising. He is referring to the illiquid nature of private companies meaning that you cannot easily buy and sell your shares at any moment. That is the advantage of a main market listing

The bounce is coming.

Just like yesterday, sellers will be left feeling sick by the afternoon. A move into the pennies is inevitable.

I could sell at 0.43 on the bell. There must be some big orders in the background. Should continue tomorrow

Why are people selling on information that was already known 😂

Still the best AI play on the market! £5m mcap with an AI titan on the board with a significant share holding. Tick tock

None of this information is new. The director options were announced 2 weeks ago in the prior RNS.

Other AI companies have ran to £100m valuations on nothing. We have an industry titan joining the board and are still valued at £6m.

So much more to come!

This is the key point. Yes is has risen a lot already however the market cap STILL only £6m. There is so much left in the tank here and the market will run it much higher.

SCGL has convertible loan notes at 1p which is why the price is stuck there. CLN's are a big no-go for me which makes CPAI a much better bet.

Everybody should hold a few CPAI shares in their portfolio IMO.

This has real potential to multibag in a very short space of time. I can't see much downside, if any here.

Yep £400k raised in December, fully funded.

Drilling ongoing as we speak and results due in the coming days. Upwards from here