RE: Wow18 Feb 2025 23:15
Sorry you don’t understand the large sell trades? Eh? How on earth can you not understand them? They are the shares from the fundraise! They entered market on 14th February all 416,000,000 of them! Millions to go yet and can sell all the way down to just above 0.0625 and make huge profits! Capiche? IMHO DYOR
From 5th Feb RNS
Fundraising
The Company has also today raised £245,000, conditional on Admission, through a Company arranged subscription with third parties ("Subscription") at a price of 0.0625 pence per New Ordinary Share (the "Issue Price") through the issue of 392,000,000 new Ordinary Shares ("Subscription Shares"). David Halley has also informed the Board that he intends to subscribe £15,000 for a further 24,000,000 new Ordinary Shares ("Director Subscription Sares") at the Issue Price ("Director Subscription") and a further announcement will be made in due course. The proceeds (before expenses) from the Subscription and the proposed Director Subscription (together the "Fundraising"), amounting to £260,000 in aggregate, will be used to develop the commercialisation of CIQ, new business opportunities and provide general working capital.
Admission
The Subscription Shares and the Director Subscription Shares (together the "Fundraising Shares") will amount in aggregate to 416,000,000 New Ordinary Shares. The Fundraising Shares will, when issued, rank pari passu in all respects with the existing Ordinary Shares. Application is being made for the 416,000,000 Fundraising Shares to be admitted to trading on AIM and Admission is expected to take place on or around 14 February 2025.