The we agree to disagree, my experience (based UK agreements with European and USA companies) was far far longer as legal teams disect every details and then provide edits/changes back and forth before Execs sign off
Anyone who has ever been involved with exhibitions will tell you that the stands are for show, the real business is done well away from there in discreet meetings, mostly pre-arranged abut some can happen at the drop of a hat as well. After show meals/drinks are also where it's all at. These intra day price changes are traders etc etc and not from people involved with the event.
Tough markets these days so who knows. Too many unknowns right now along with known valuations of many AI companies in multiple £millions x 10 or x100 or more compared with Alludium.
I really do wish CTAI had a found a better way of funding their investment instead of using cheap warrants when they still have alot of money tied up via their loan which still hasn't been repaid to date and had multiple extensions.
Now looking to see what monies Alludium can attract re Pricing and Total Value and % interest.....
Would I be right to expect to see reviews by experts in the AI world of Alludium now it's gone public ?
In any other market outside the UK I would think CTAI would be trading closer to £10-20m mcap minimum and Alludium would be "rated" at £100m and potentially far more but as usual UK markets want everything now and don't do "Enterprise Valuations" since COVID days turned everyone into day traders.