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Smarter Web twitter moron of the day as it raises £17,543,942 at 295p

Tom Winnifrith
Friday 18 July 2025
Another day and another bookbuild from The Smarter Web Company  (SWC)sees it raising another £17,543,942 gross at 295p, call it £16.5 million net after fees and commission for Tennyson, Peterhouse and others with urgent bills from the Ukrainian Young Ladies and Colombian import merchants to pay. So suckers will pay 295p for a fully diluted NAV of, say, 38p. Guess how that works out in the long run! Following the issue the new maths at a $118,545 bitcoin price are:

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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