RE: Why?26 Nov 2025 08:30
Bonkers - The SP was 1.7p before the banks signed off the $240m funding, rising to 1.99p after sign off.
When the remaining $60m funding is delivered, within days now, and the equity structure detail is published the market can then assess more accurately the current value of the company. Until then, it would seem that there are not many more people willing to speculate on what the final detail will look like.
The less risk averse have taken their positions and are patiently waiting for their investments here to appreciate.
To try and predict the SP values at your various short term intervals is a foolish prospect for a small cap, illiquid stock as the SP can move sharply in either direction due. This is one of the reasons why other investing "idiots" buy shares and hold them for the long term to ride out the short term volatility.
I'm more than happy with the £363k (100%+) increase in the value of my 46.8m Kefi shares since August / September.
Glad to be and more than willing to carry on being an "idiot" as it's clearly working well for my portfolio.