RE: Topped Up10 Mar 2025 10:32
Good morning Toffers. That's all we can do for now, just sit and wait and be patient. There's very little liquidity in the stock at the moment, so I'm not surprised that it's drifted lower. As long as it remains above 2.9p until news lands. I believe the current price is an excellent entry level. They raised £800,000 at 3.2p which was oversubscribed. You certainly wouldn't be able to buy 25,000,000 shares on the open market at 3.2p. I think you will find major shareholders and institutions encourage them to raise to enable them to increase their holdings. It's currently extremely difficult for AIM companies to raise funds, so the fact that Cykel find it relatively easy and that it's oversubscribed is reassuring. Good luck. Atb Popeye.