RE: Good investment11 Apr 2025 07:17
So for a balanced view as Laura likes to cherry pick the good bits:
The AI Agent space is just evolving, and as such Alludium is a new technology company currently building its platform launch. Therefore, Alludium is pre-revenue company and has yet to file accounts.
Assuming no further share issuances by Alludium, the Company would hold, in aggregate, approximately 13% of the enlarged share capital of Alludium.
So positives: It will be in the AI space.
Negatives: It will be in a non transparent company currently. No idea if tech works, is scalable, or even a viable. They have no control of the company issuing more shares to other investors which will dilute the holding here. They needed a placing to buy in.
You takes your chances. Either way they have just turned this into a fingers crossed long burn.