Member Info for Thatslifebro

Here it is GEN10......

https://www.lse.co.uk/rns/CLAI/fast-track-admission-to-the-aqse-growth-market-ezcy7ksd6ijkdho.html

"The Company has one subsidiary, King Tide Carbon Pte. Ltd., incorporated in Singapore as part of the Company's May 9th, 2023, acquisition. Except for the subsidiary, the Company has no joint ventures or material investments, or any material investments in progress, or any future material investments on which its management bodies have made firm commitments."

Re. the seaweed "business" which I think ASTR still own, I was looking at it the website the other day at it looks like it has been updated......perhaps they hope to get some money back from it (one day).

https://kingtidecarbon.com/

Currently down around 10% on the ETH investment....if they had bought BTC they would be c. breaking even. Need some BTC in the mix, like they told us all that they would and conveniently didn't mention it again.....now might be a good time for the muppets to add some?

Matt Lodge was at ASTR and Brian Stockbridge advise both. They are all in it together and making the same mega dilutions and feck-ups.

ASTR were already main market. FCA doesn't like these companies and I expect SWC will struggle too, they are all treasury, exactly why ASTR prospectus failed.

Instead of issuing 5 billion shares at 0.2p they should have issued 2 billion shares at 0.5p or someting at a higher level at least. But this particular group of people, particularly with Brian Stockbridge advising, have a history of mega dilution. They raised £10m and have only used half of it so why did they raise £10m? I am happy they bought Ethereum but no bitcoin added I am not happy about. To add insult to injury, just as the shares were looking like they were off the bottom they issued yet more shares to sell later when they had already lost trust of many investors. Even today there are more sellers than buyers so far. The subnet is making money but it's peanuts really; at least it is enough to pay the wages. My only hope now is the cryptos have a MASSIVE run and/or the subnet emissions increase MASSIVELY. I think we are stuck until one or 2 of those things happen. 2 or 3 months ago the shares got to 0.91p.....currently this is a total feck up.

The old prospectus worry.....ASTR (ex CLAI) had to move to Aquis to be able to persue their treasury plans and my shares are currently in the doghouse.

Pardon my French but we are getting another royal shafting today 👎

AI says......

Company Share Buybacks Below Net Asset Value: A Potentially Good Idea

Generally, a company buying back its own shares when the share price is below the net asset value (NAV) can be a good idea, as it can boost the value of the remaining shares.

Here's why:

Buying assets at a discount: When a company buys back shares below NAV, it's essentially acquiring assets for less than their worth.

Increasing value per share: This action reduces the number of outstanding shares, thus increasing the NAV per remaining share.

Signaling undervaluation: Buying back shares, especially when trading below NAV, can signal to the market that the company believes its stock is undervalued, potentially driving the price upwards.

However, there are also potential drawbacks:

Risk of depleting reserves: Funding buybacks can reduce a company's cash reserves, potentially impacting its ability to invest in growth or weather economic downturns.

May not always boost share price: Market conditions or other factors can hinder the intended share price increase, even with a buyback.

Overall, share buybacks below NAV can be a strategic move, but companies should carefully weigh the potential benefits against the risks and ensure sufficient reserves are maintained.

I would love to see them buy back shares in the market for cancellation. I don't think they would get many at 0.12p....10m? 20m? An RNS with confirmation would surely get the shareprice up, especially if they kept buying while the shares were below NAV. Must be some negatives with this?

Cryptos falling heavily this morning......chance for Olivia Edwards to buy the dip perhaps. ASTR must be just about the only treasury stock with a decent lump of cash left so I am sure it would look good to the markets/investors and also calm some very understandable doubts. The company has lost a lot of trust so START REBUILDING IT, thank you.

IMO the company needs to get rid of the uncertainty and start to build their credability/trust. They have chopped and changed what they said they would do re Bitcoin and Ethereum and there has been a string of co*k-ups. Most imortantly nobody know's how much cash there is remaining (ranges from £5-£6m but could be better or worse) so they need to make a statement re that or make a big crypto purchase so the market can see everything is fine. I would not describe the sales at wholesale dumping, there isn't very big volume, but persistant selling with hardly any support from buyers is really knocking the share price. I thought my last purchase at 0.1294 was going to look good but currently looks bad. It wouldn't take much to get this going in the right direction but currently this is torture, right.

It's correct on the website right now....was wrong for a while. She's made 4 purchases totalling 170.5m.

15m @ 0.35p

13m @ 0.38p

125m @ 0.2p

17.5m @ 0.147p

Good to see the TAO price up 6% so far today.

My point is re. the 0.2p warrants is that they preserve the cash that was raised.

That list is old....up to date list of significant shareholders:

https://www.astrid.global/investors

OAK Securities Ltd - 857,686,360- 13.55%

Marallo Pte Ltd - 325,000,000 - 5.14%

Olivia Edwards - 170,500,000 - 2.69%

Re the warrants....

https://uk.advfn.com/stock-market/AQSE/astrid-intelligence-ASTR/share-news/Cel-AI-PLC-Grant-of-Warrants-and-PDMRs/96458393

It was announced that fees would be paid via 0.2p warrants if I remember right.

Correction......good afternoon.

Good morning GEN10. "That'slifebro - you were previously holding for between 5 and 10p a share and now seem like you have changed that to a much lower target."

Yes, that was my prediction/hope but to be fair to me it was only for a few short weeks when Astrid announced a bitcoin treasury plan for the first time and the directors were buying. The shares were heading towards 1p and SWC/COIN etc were going bonkers; I hoped we might do the same. I was wrong about that unfortunately, but I was right that the company wasn't going to go into administration like some were saying on this board for a couple of years - not pointing the finger, it doesn't matter. Fortunately because I loaded up near the lows and sold 8m higher up which I bought back cheaper, my average price isn't too bad, but still I am up to my nads in this as usual. Believe it or not I have just the same gripes with the company as you do but I am more optimistic than you that the business can do well from here just as long as there isn't a crash in cryptos.

Price prediction.....no idea but surely the shares are cheap now and nice to see the price just ticked up a tiny bit while I was typing. We need a darn good crypto rally from here and results on the subnet asap......then I might make a predition in the pennies again.