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Lumbert, I've been buying more ever since the increased IBM OEM deal details first came through. It's obvious that this would speed up the rate at which the Company would then move towards cash flow positive status. I definitely recommend this as a strong buy at these levels.

Kpmmcentrumsk, if I may point out one especial thing: at Q1 the Company said that Q1 was cash flow positive and that they now expected to be cash flow neutral over 2026.

That statement was issued well before the IBM OEM deal came through. This new deal must accelerate the return to cash flow positive and as pointed out in previous posts, given how little they did in Q2 2025 we will easily be able to see how much extra is being billed from the Agreement going forward.

All to play for in my view, but I imagine once this gets going, the shares will leap upwards. Frankly its becoming a play on IBM just as Filtronic is a play on SpaceX. It's just going to become more obvious as time goes on.

Kpmmcentrumsk, some good posts!

Unfortunately, the shares collapsed from close to £14 [when as Wandisco] to the current levels, so you are going to have more negative posters on here than on other share pages. Accompany that with a large number of staff losing their jobs many of whom would have been Wandisco shareholders and you can see why this Board is so negative most of the time.

I think the IBM OEM Agreement is a turning point and the shares are currently at bargain level for exactly the reasons you have been stating.

Q2 results are out next month - we'll soon see who is right........

Following on from the excellent IBM RNS this morning, now would be a great time for Directors to demonstrate to the wider world that they are also buying in. That would really kick start these shares.

DiamondGeezer68, a new poster whose comments are entirely negative. I wonder who you were before your old ID was barred?

Well, at last we have the formal RNS. And it looks good. Very good in fact. Commercially it "is expected to accelerate Cirata's commercial reach by leveraging IBM's global distribution network and its established relationships with enterprise clients at scale". That is colossal. No figures are put on this but it is significant to IBM so it must be eye droppingly significant to Cirata.

Yet the shares have currently barely moved. It's as though investors don't understand. But then again, with Global Frontier trimming their holding back recently, clearly some investors do NOT understand the transformation going on here.

As mentioned before, Q2 results should start indicating the way this is growing turnover at Cirata. At 17p, new shareholders are getting in at the bottom.

No doubt in a couple of years CRTA will be a far larger stock, and will probably face a takeover bid by IBM but in the meantime, right now, shareholders are presented with a bargain.

Pearls97, as turnover rises and the company becomes self sustaining and financing, the shares are likely to rally rather than drop. It’s already at cash flow break even status, the bigger IBM deal should make operations cash flow positive. Once this becomes obvious, the shares will appreciate nicely

I'm very much waiting to see July's Q2 update. 2025's Q2 update showed a derisory level of trading, but now we have the increased bigger deal with IBM, hopefully this will be the first time we can evaluate the effect that that deal is having on trading. Let us imagine Q2 turnover was $2m - up from last year's $100,000. Then that would indicate the deal is worth maybe $8m a year of extra turnover.

I also expect some sort of accompanying update with the Q2 results to explain the effect the bigger deal is expected to have.

We're all in the dark currently, the share price is marking time, and it is all as interesting as watching paint dry. Yet I believe CRTA are out there putting deals together and increasing the trading levels. It's just that nothing is being advised.

For a company that believes in updating its LinkedIn followers on a daily basis, shareholders are remarkably poorly kept up to date by comparison and as I said before, an IBM announcement during Tech Week would surely be reasonable / expected?

With London Tech week going on, now would obviously be an excellent time to issue a formal RNS about the IBM deal. If not now, when?

I see SK’s latest rantings on LinkedIn are more like tourist comments about London. At least he’s stopped commenting on his lemon tree.

You do wonder at times whether we’re being treated like fools or actually being told the truth about how the business is developing.

Certainly no directors have bought recently which rather implies that the jury is still out as far as the Board is concerned.

Hastings, Q2 2025 was only $100,000 so am hoping the momentum from Q1 is continuing and that Q2 2026 is at least markedly higher than this! Also hoping for more info about the widening business with IBM - and perhaps some other new deals being signed up.

It strikes me that with the lower headcount, they are probably fully engrossed with IBM's needs, and there's little way they can handle much more business with so few staff. We need fixed costs to be as low as possible, but we also need the company to trade in the black each quarter. Q1 was in the black, and every effort is now being made to make sure other quarters are also in the black. If that is the case, we must be looking at much more than $100,000 for Q2.

I doubt Q2 turnover will be $100,000 again like last year! Looks to me like regular and growing business is the order of the day now, with a pipeline of business now emerging.

And bear in mind that the Q1 update advising the business was likely to be cash flow break even for 2026 was made BEFORE the recent IBM news. As and when CRTA confirm a decent Q2, I expect a rapid rerating of these shares upwards.

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Perhaps this RNS is issued to put off such action arising from the way we were all treated by the Ingenuity demerger? Is there a potential class action being mulled that the Company is desperate to stop?

Presumably someone is still buying in as the bid price keeps on rising. Where's the RNS for these purchases? I suspect we are going to see some delayed buy notifications soon.....

Thanks HeyRichy. Is this is new thing? I have not come across it for other companies? Is the AGM normally televised?