Member Info for Thatslifebro

Look at how many FTSE 100 companies have billions and billions of shares....doesn't stop them being the most widely invested shares. That said, I don't want continual dilution either so hopefully the subnet will grow brilliantly.

Yep, CLAI are totally undervalued just because of the coming dilution. Because of the amount of money coming in it will actually increase the mNAV and cash per share of the company. I'd buy more if I wasn't at 2.99% already.

Already correctly posted below by borrowfundsfrommum but sure.....

"Cel AI PLC (LSE: CLAI) is pleased to announce that it has successfully raised gross proceeds of £10 million" ......."5,000,000,000 new ordinary shares of 0.1p each in the share capital of the Company ("New Shares") will be issued pursuant to the Placing and Subscriptions (together, the "Fundraising") at the Issue Price, conditional upon the passing of the Resolutions."

...voilà

Subnet just hit 10 TAOs emissions per day and 111 UIDs

All the details are in the RNS, black and white, in English. I don't get why people don't understand.

I would say "of course". They get their shares and they are paying for them.

Its what it says in the RNS.....shares get issued and alloted....the wait is for the shares to be admitted to the official list once the prospectus is approved.

"In a UK share placing, once the placing is approved and the shares are allotted, it generally takes two working days for the money to be received by the company. This is due to the standard "T+2" settlement cycle in the UK, meaning the trade settles two business days after the deal date. "

TAO price on the up at $434

I believe the money comes in in a few days and the shares issued.....but trading in those shares not until shares are admitted to the official list after the prospectus is approved.

Subnet UIDs up to 101/256

Cellular Goods.....a distant bad memory.

More buys coming in.....ticked-up again now 0.26p - 0.30p

Lokbarith July 4th.......

"No chance this will be anything more than a pump and dump. Company has no solid fundamentals, doesn't actually know what it's doing as a business and feels like people with too much money trying to get rich by throwing macaroni at the wall!"

Love that interview. Flywheel from TAO to Bitcoin means they don't necessarily need to raise/dilute.

A few 1m/2m buys just marked, hopefully a rise in the shareprice today. Only 2 days until the General Meeting now.

Chunky bitcoin purchase should get the shares rising and won't be at yesterdays $123k peak if they get on with it.

Some other numbers on the taostats website also going in the right direction.....

Sentiment gauge is now up to at 66 "greed" (greed is good?!)

Emissions only rising slowly but still rising, currently at 9.68 TAO per day

Market cap rising steadily, currently at $60k

Current 24hr volume is $24k (Tiger Alpha is lower at $5k and Sundae Bar is at $9k)

A very encouraging (and critical to CLAI) number is the actual TAO price, currently $419, which rose with the other cryptos over the last few days but has not fallen back much when the others have. Clearly the ratio between Bitcoin and TAO price is very important, the higher TAO price goes (and stays), the better.

As CLAI are also about to buy a big chunk of bitcoin this price fall/bitcoin price not running away this week must be good for CLAI too.

How this translates with the share price today is another matter!

UID's at 52/256......I think that number has gone up again.

Would be nice to be back above 0.3p though......current price is sh.y.te. Potential buyers think they will get in cheaper when the new shares are released and holding-off. Some weak holders. Hence the drift. However, they can all see the good news as it is released so I am holding.....sooner or later CLAI will rise strongly IMO!

Better!