RE: Facts & Figures in this massively undervalued company18 Jul 2025 18:57
I read your post, thank you very much for the info. I believe you as that's what I see in the trades, a massive increase in volume. But I just don't get how shares that are not admitted to the official list can be traded unless CLAI entered the prospectus immediately after the General Meeting and it was immediately approved ("Immediately upon their issue and allotment, the New Shares will not be admitted to the Official List maintained by the Financial Conduct Authority (FCA) or to trading on the main market for listed securities operated by the London Stock Exchange plc. The Company will apply for Admission of the New Shares as soon as practicable upon, and subject to, the FCA's approval of a prospectus in respect of the New Shares. Subject to the Resolutions being passed at the General Meeting, the details of which are set out in the Circular, it is anticipated that settlement of the Placing Shares is anticipated to become effective on 18 July 2025"). I also don't get why placees would sell shed-loads of shares below the placing price when they only just got them so are the sales today all from previous holders?