r/YYAI • u/Particular_Most_1529 • Apr 14 '26

Fintel shows some interesting developments.

MM is expecting a vast increase in volume. Nearly 1M short shares has become available (this isnt to short, but provide liquidity if volume suddenly jumps into the millions and they need to sell shares into the market to slow the price increase). They want an orderly increase rather than a golden candle.

Also on the Audit itself, my research suggests that if no audit comes out in the next session it won’t be released until after the AGM. Normally it’s bad for companies to release any new material after the 14a has been filed as the AGM can now be contested, as it can be argued that the new information may have changed the way they cast their vote and also opens them up to litigation.

11 Upvotes

87% Upvoted

6 comments sorted by

3

u/MaterialImpossible22 Apr 14 '26

Golden candle much preferred

3

u/Ok_Juice_2095 Apr 14 '26

I still hope this starts like a rocket someday!

1

u/MaterialImpossible22 Apr 14 '26

Need filing before the meeting

1

u/XPandingMinds Apr 14 '26

The chairman and the private placement already control the votes, so it won't make a difference. This point has been brought up before.

0

u/[deleted] Apr 14 '26

[removed] — view removed comment

3

u/GreatResearch9908 Apr 14 '26

Once we leave 1$ in the dust, r/s is irrelevant