Bai - being ai limited

[winner69]

NZX says punters should read this
https://nzx-prod-c84t3un4.s3-ap-sout...sal_Report.pdf

But not worry as in context of current share price the report is very much out of date

Whatsup mentioned 10 cents worth …be there soon mate 🧉

[Toddy]

NZX says punters should read this
https://nzx-prod-c84t3un4.s3-ap-sout...sal_Report.pdf

But not worry as in context of current share price the report is very much out of date

Whatsup mentioned 19 cents worth …be there soon mate ��

No wonder the guy in the video when asked about the Financials just relied 'all the stuff is on the NZX website'.

Document of the year.

[whatsup]

NZX says punters should read this
https://nzx-prod-c84t3un4.s3-ap-sout...sal_Report.pdf

But not worry as in context of current share price the report is very much out of date

Whatsup mentioned 19 cents worth …be there soon mate ��

Good luck with the reading Sharetraders, I struggled through 88 pages until I found the 89th !

[Toddy]

Thanks. Interesting and a hard watch if you like facts and numbers.

I'm sure that they will do well.

I'm more than comfortable having my AI exposure through Ift data centres and One NZ, who are probably building teams offering AI services at source.

Start ups always suck capital, and I would imagine even more capital in the IT sector as wages are not cheap.

Haven't looked at the details, but staff get chunks of stock once the sp has increased 600 percent. Yes, sp, not capital valuation.

Goodluck and be careful out there.

[Rawz]

TRADE WITH CAUTION

NZ RegCo urges investor and potential investors to exercise caution when dealing in the shares of Being AI Limited (BAI).
The share price of BAI has risen from $0.017 on 2 April 2024 to $0.075 currently.
On 4 April 2024, NZ RegCo Surveillance issued an Issuer Price Enquiry to BAI asking it to confirm that it was not in possession of any material information which had not been disclosed to the market, and that it remained in compliance with the continuous disclosure provisions of the NZX Listing Rules. BAI confirmed that it remained in compliance with these listing rules.
BAI listed on 2 April 2024, following a reverse listing transaction. Under that transaction, the Being AI group of companies was acquired by Ascension Capital Limited (ACE) following shareholder approval on 28 March 2024.
The acquisition of the Being AI group of businesses was undertaken at a valuation equivalent to $0.025 per share.
The independent appraisal report published on that transaction concluded that, when the transaction was viewed as a whole, the terms and conditions of the transaction were fair to the independent ACE shareholders. NZ RegCo notes that assessment included the profile and valuation of the Being AI group businesses being acquired.
Investors are strongly urged to access and consider the information relevant to the recent reverse listing transaction of BAI, in support of any investment decisions. That information includes the listing profile of the Being AI Group, and the independent appraisal report. That information can be accessed at: https://www.nzx.com/companies/BAI/documents

[carrom74]

Looks like NZX is more worried. And is requesting the punters to exercise caution. Just wondering… was this type of an announcement ever posted on NZX before?

[Rawz]

Looks like NZX is more worried. And is requesting the punters to exercise caution. Just wondering… was this type of an announcement ever posted on NZX before?

i havnt seen it before but havnt been around that long. Good on NZX for saying something before more people get burned on this pump n dump

[whatsup]

i havnt seen it before but havnt been around that long. Good on NZX for saying something before more people get burned on this pump n dump

Dont think that this is a pump and dump at all , just the sharies newbys buying before they miss out on a business model that they possible dont understand, I wonder how many of them have read the 89 page heads up thats available to all wantabees ?

[Toddy]

NZX is scared because they don't understand the 89 page document either.

[nztx]

NZX is scared because they don't understand the 89 page document either.

Cripes - NZX issuing a Warning to Punters be careful in case they get badly QEX'ed ?


Have they worked out what went wrong with QEX yet or too difficult & run away ?


WTF has got into NZ Reg of late ?


If they cast their beady eyes around the other NZX listings they might find more lifeless skeletons
of shell companies making gurgling noises about reinventing themselves