RE: It's over2 Feb 2026 17:42
Hi Finger,don't know about being noble,
Had a feeling on Friday Levi would do another fundraise,the quote for my holding plummeted midday.did take alot of the table thereafter
Totally out now,the problem here now is 20bn with current cap of £800k,effectively anyone buying today at 4,is equal to paying 8 last Friday due to the dilution.
Nest Levi will issue an EGM Notice,with a big resolution to enable higher headroom more likely another 10/15bn shares.
Levi didn't subscribe on today's raise so he got no skin in the game!
The company has now raised £700k since December,but looks like he will raise further in a couple of months again at a big discount
There's 10bn at 4 to churn,that's going to take some time,unfortunately if you buy at 4 when the next raise occurs your investment could well half
It's clear there's no progress with customers and Levi is only surviving on repeated discounted fundraises,good for him only! not for anyone else.
So EGM,extra headroom probably silence for 8 weeks then another raise
In short,company,rather Levi surviving on placings,nothing else!
I shall not post on here anymore and for anyone who bought tiday,I hope Im wrong and this multibags!
Gla.