Member Info for EarlofAim

Ackers selling for personal reasons, I He won't risk facing jail times by foul play.

Ackers is an investor, and he has the right to buy and sell as he wishes.Now stop all this nonsense crober33 about bad news.

there is no bad news.... MFAI is an AI investment company.

they have 20 AI companies invested in.

NAV is 2p, so 95% to get to NAV

Crober33

I've been on many market sounding (regarding placing on other companies, and it ain't worth playing the insider fiddle)

Ackers won't jeopardise his freedom for few hundred pounds

don't on't think Ackers has any bad news, especially inside information, as Ackers won't risk jail time for few pounds.

Nothing over 5m,

so Mms will be in big trouble on the next RNS

For 3m shares IG quoting me 1.4p

4m shares 1.52o

for 5m shares it's 1.65p

ReBs

well written post with factual information

yes Value not diminished just because Ackers off loaded few percent.

5M buys quoting me 1.65p

that's telling me something.....

can't buy over 5m in one go

so Ackers sold 10m shares, he won't be able to buy at these prices,

bargain SP and Ackers missing out

Bearlycalls

seller giving opportunity to buy at these low prices

Ackers won't put himself in this position,

so my understanding is good news coming soon.

why would Ackers get FCA attention?

Ackers knows nothing more than the Directors and public in this sector,

Ackers won't be able to sell if he knew inside information, that means, good news coming because if any bad news is coming then Ackers will be in big trouble as Insiders can't dispose of shares in the knowledge of something bad coming.

good news coming and Ackers doesn't know or shouldn't know

Lots of news coming

cash c£900k (including the placing funds)

£6m+ cash in September

loan facility £1.2M

SP substantial discount to NAV (shares mag wrote an article on MFAI)

seller identified.....

onwards and upwards

Suprised Ackers didn't sell over 1.5p last Friday or Monday

I think this is because Ackers suddenly need the cash.

anyway that's done dusted,

will Ackers sell the last remaining 3.7% shares, and most probably, sold a big chunk already.

onwards and upwards.

as AI gathering pace.

Lots of buys went through, which appears as sells,

reckon someone loading up quitely

1.1388 to buy

1.13 to sell

that's only 1%

😳😳

Ackers reduced holding

maybe he's holding the remaining 3.7%

why would any report half way and sell later on,

Ackers probably needed the cash.

so if no more sells today then tommorow should see rise.

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According to Rns 27th June

Placing Money wasn't included, so company has over £900k

Got in before the herds arrives in this one,

Sellers made mistake by selling thinking Cash was low

in fact Cash from Placing wasn't included in the Final Results.

Helu read RNS 27 June

Placing shares not included in the deal final results

According to Rns 27th June

Placing Money wasn't included, so company has over £900k

Some probably read the balance sheet and started to sell.

how is this for cash position £939m

"The cash balance above as at 31 December 2023 does not include the proceeds from the placing that took place in December 2023. The principal cause of the reduction in the portfolio valuation during the year related to the'

Sellers started to buyback as they made a blunder think cash was £209k, however Rns does say excluding Placing shares of £739K worth wasn't added in the balance sheet

in summary MFAI HAS £939m cash!!!!!