RE: This has taken a bit of a hammering this week.....28 Jan 2025 14:54
CLAI's share price is being hit by the AI/crypto market volatility of the last couple of days rather than CLAI being singled out on it's own.
CLAI's £400k investment in Solana has doubled since purchase in August.
From the recently reported annual results.......
"Having reduced the cash burn of the company significantly the Board was in a position to reposition the company. Mr Edwards and Mr Lyth are both executive directors of companies with Artificial Intelligence and AI Agent exposure. "
and.....
"Having stabilised the company it is the intention of the Board to pursue profitable and cash generative opportunities in the Artificial Intelligence and AI Agent sectors to create profitable returns for shareholders."