Directors' shareholdings15 Jun 2025 16:53
there are several possible reasons why we are not getting a bitcoin purchase rns. one of them, perhaps, is due to the fallout over the interims results mess. because of this enormous schoolboy error, matthew lodge and nick lyth have only got 5.19% of the company's shares at 0.64p for their £250k whereas they were going to get a significantly higher slice of the cake of 13.48% at 0.225p for the same money. great news that they invested their money just the same, but they must be feeling pretty sore about it. if they had known about the interims being due, no doubt they would have delayed the bitcoin treasury announcement until after the interims or the same day and got their 13.48%. i am sure if they had got their planned % we would have seen things move very quickly afterwards because they suggested they are going to follow the swc model. this ****-up has cost them dearly (so far). how the management didn't have the interims date in their diaries beggars belief (i don't believe they don't understand about the very basic closed period rules). also surely the advisors should hang their heads in shame as they should be the safety net. the directors now have a much smaller slice of the upside than they were going to get so perhaps this frustrating delay is because the company directors are looking at best mechanisms to make sure they get a better slice of the cake before they hit the accellerate pedal. it would make a lot of sense. perhaps we are going to get a bitcoin purchase rns and directors generous share options notification at the same time. look at the other bitcoin treasury companies, the directors have very large interests whereas for clai directors it is currently pretty poxy. other than this there were 18m warrants issued to the directors in february.
my only other thought about the delay is that perhaps clai have found and are finalising investment in a business because as things stand, clai is a cash shell looking for a business, as described in the last set of final results. this would be excellent news and could again be combined with a bitcoin purchase/directors' options announcement.
they didn't announce the purchase of the solana or the divestment of it at the time (i think they should have) but if they are to follow swc strategy as indicated then i think we will get an rns straight away on that because it is clearly price sensitive info.
in summary, i am sure news is coming soon......all will be revealed.....whatever it is i am very optimistic it will be positive for shareholders. imo.
some of my directors' shareholdings workings fyi:
pre-interims “mess”:
directors were to buy 111,111,110 shares at 0.225p = 13.48 %
matthew lodge 88,888,888 shares = 10.784%
nick lyth 22,222,222 shares = 2.696%
(of a total of 824,472,221 shares)
post interims “mess”:
directors bought 39,062,500 shares at 0.64p = 5.19%
matthew lodge 31,250,000 shares = 4.15%
nick lyth 7,812,500 shares = 1.04%
(of a
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