RE: Think folk have forgotten the £2mill placed in Jan...9 Jul 2025 09:24
Devils in the detail:
I would like to thank those investors, both existing and 1.(new), who have supported the Placing and Retail Offer. The net proceeds of this fundraise, when 2.(combined with the Company's current cash resources), will enable the Company to acquire a 3.(significant Bitcoin holding). 4.(Holding a substantial proportion of the Company's cash resources in Bitcoin) makes perfect sense given the Group's operations and the services it is providing to its clients. We are 5.(excited) about the potential for Bitcoin to enhance shareholder value while reinforcing our leadership in the digital asset space.
1. New customers, Large Purchases at a period of sell off at 1.25 on the day of the RNS. People in the know.
2. Combined with current cash resources indicating that the companies are producing capital, not dependant on reserves
3. Significant Bitcoin holding. Possibly signalling the companies are in profits
4. Holding a substantial proportion of the Company's cash resources in Bitcoin. Again indication of profit making
5. Excited. Signalling a good RNS (having purchased £40k in extra shares)
I would say we are on for a good RNS
expect 5-10p for the end of July
I may be completely wrong and I'm sure Kat will find plenty of negatives in the above. (Maybe a way of misleading us to hold)
Wishing everyone all the best.......
Riches In Your Reach
RC