Cel AI PLC - CLAI - Share Chat

Congratulations to the board of Cellular on seeing the share price through the 1 penny barrier :clap:

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It’s only going to get worse. If it survives another year, I’ll be amazed. Specially when Germany have legalised cannabis, but can’t advertise. Another skin cream just got amazing bundle deal and press. Beckham backing did he-haw for this product apart from making him Ā£5m at IPO

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Here is an idea sell it for a price people will pay not £80 a small pot. And rename it from its dumb name.

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I sold out my last few shares. Made a profit overall but the whole thing’s been hugely disappointing, and not to mention a little sus.

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It’s a shame as the product seems good (if too expensive) but the share price has been shocking. Is there any chance of a bounce next year or am I just dreaming to think so? Their small Christmas gift packaging was good, so theres a chance they sold a few of them (it sodding tiny in the flesh though btw) but I’m guessing they would have to sell all of them to stop the stock price from its current free fall. Anyone got any rays of light to cheer us up this Christmas?

I agree. There’s something not quite right about the launch price, the spike and then the sustained decline. It doesn’t hang together. Even taking into account the incompetent management and absence of strategy, there appears to still be no inherent value in the company which is at odds with the claims at IPO.
The Beckham investment vehicle stuff also whiffs a bit. Been difficult to find out if they held on to any of their stake, or confirm how much they made from the spike. I don’t suppose they have to declare that, but the complete silence from the company over the past year on the involvement of DB Ventures is in stark contrast to the fanfare around it at launch.

Down 21% today but don’t worry about it.
21% of nowt is nowt .
Merry Christmas :santa:

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I’m a total of 96% down on this investment :weary:

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Oooo you’re beating me, 90.39% for me

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Are we going to give up and sell them all at a massive loss or is anyone out there think they are worth hanging on to?

Good question. With the collapse in price I imagine selling up is barely worth the cost of a takeaway for most, but still worth thinking about.

They had healthy reserves when they launched but must be burning through those with the brand acquisition, ā€˜celeb’ endorsements and failed product launches. Personally, with no financial evidence or research and just a view about how the company has been run this far, I think insolvency is the most likely end point. There’s nothing really there for anyone to buy in a rescue, since the brand hasn’t established and the USPs they talked about at launch turned out to be bull.

My current investment is worth Ā£30 (having bought back in a few months ago with Ā£100 when I thought they’d reached rock bottom!). I’m sticking around because I don’t need that Ā£30 and enjoy the show! If it was a financial decision I’d be out in a flash.

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who knows where it will go, but I am staying for the ride ! what value I have left is not worth cashing in Just incase it comes good :+1:t3::crossed_fingers:t2::crossed_fingers:t2::crossed_fingers:t2:

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Its on the way up ! I’m only 86% down now :rofl::rofl::rofl: what will 2023 bring

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Same, 96

Setting barriers to end my time with Freetrade. At Ā£120/year. It’s interesting.

However, setting shares to sell at certain price seems a good time to let it run as normal user.

There is no coming back in this share :disappointed:

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Is this company past the point of no return I wonder? I have 5000 Shares and Iam now down about 90%. Im baffled by the level of inactivity and incompetentance of those appointed as heads of the business. It almost seems like it was a con all along. :thinking::roll_eyes:

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Same, I’m 87% down on this on slightly more shares. I’m really disappointed with the company, easily my worst performing stock in the last 2 years, followed closely by Kanabo. :slightly_frowning_face:

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1,600 shares down 90%, I’ve wrote that money off.
If anything comes of this it will be a bonus.

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I have. those 2 as well - :face_holding_back_tears:

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