No stock quite captured investors’ imaginations like Supply@Me during the COVID era, as a new wave of investors entered the markets for the first time, driven by the monotony of staying at home, a new era of share trading was born. With plenty of time on their hands a team of investors monitored SYME’s every move, started rumours of new deals, made links with unrelated articles they had read in newspapers and generally hyped themselves into a state of euphoria at the endless ways Supply@ME would transfer world trade. The stock could spike double digits just off the back of a post in the SYME research channel on telegram, it was a traders dream, but it soon turned into an investors worst nightmare.
1. Entry via Reverse Takeover & Initial Surge (Mar–Apr 2020)
The story started just as COVID was taking hold across the UK on March 23rd 2020 Supply@ME was born. Abal Group PLC completed a reverse takeover by acquiring Supply@ME S.r.l, followed by a name change to Supply@ME Capital plc on 30th March.
The stock immediately skyrocketed after listing, reaching its all-time high on the 31st of March, before entering into a sharp decline, hitting 0.05p on July 1st. COVID had taken its toll on the markets, but it wasn’t long before the share saw a recovery.
On 20th April 2020, an RNS dropped, announcing a securitised note issuance programme backed by inventory assets via StormHarbour, which positioned SYME as an innovator in asset-backed funding. Ready to Fly was the rallying cry from the flamboyant Alessandro Zamboni, who oddly become somewhat of a pin up boy due to his fantastic hair? These words would often be used by disgruntled investors in the years that followed, and for many Zamboni’s name and hair became synonymous with all that is wrong with the small cap market place.
2. Peak & Start of Decline (2021)
After the initial drop, SYME began to recover, before experiencing significant gains in August 2020, which resulted in the second peak of the stock, with the price reaching 0.736p per share on August 3rd. Jubilant investors believed this was the start of a future unicorn, and it became the most talked-about stock on the small-cap markets. You wouldnt want to be out of this over the weekend was the cry on Telegram and in facebook groups every Friday, those that bought the bottom believed they had somehow become the next Warren Buffet, the hype was real.
The stock consolidated, investors bought the dip, and the aim of the game was to average down as the stock took a tumble to 0.378p by early November, it began to rally again, Santa Clause really was coming to town sadly this rally didn’t quite hit the heights some had anticipated capturing 0.572 in early December before double topping in January 2021 at a height of 0.576p. By now rypto fever had began to take over and as investors took their liquidity elsewhere, SYME began to flounder.
Throughout 2021, the company issued multiple RNS updates regarding the expansion of the platform, the issuance of funding tranches, and the signing of new client deals. However, despite the positive news, Supply@ME struggled to capture the market’s attention, leading to a gradual decline throughout the year.
By the end of 2021, the company’s market capitalisation had fallen to £58.9m, representing a 68.7% decrease year-over-year. SYME was down, but a loyal band of shareholders refused to believe it was out. Averaging down at every opportunity the faithful continued throwing their hard earned cash at the stock – it had to get better – after all Zamboni said it was ready to fly and one day the stock surely will recover? Right?
3. Continued Slide & Deterioration (2022–2024)
As the years rolled by, the wealth destruction ploughed on even the most hardy of shareholders began to question the once idolised AZ (as Alessandro was affectionately known), Those who sold began to call the company a scam, as the total destruction of their hard earned cash slowly dawned on them, others refused to be swayed, some out of sheer grit, some outright stubbornness, many other from embarrassment, stories of friends and families ramped in run rife, others spoke of the damage to their mental health, some spoke of marriages lost.
The stock continued to decline, and by December 2022, the market cap had dropped to £47m, representing a further 20% loss from the previous year. By December 2023, the stock had fared no better, reaching £39.8m, a 15% decline from the prior year’s end. From late 2023 into early 2024, the stock followed a progressively downward trend. The stock went as low as 0.003p as the downward spiral continued.
4. Major Trouble & Collapse (2024–Mid 2025)
December 2024 – RNS reported “growth in inventory monetisation pipeline” and new funding initiatives, the stock see a slight uptick as the last few exhausted share holders see some hope, would there be light at the end of the tunnel?
March 2025 – RNS announced NUBURU would eliminate its long-term indebtedness and provide $5.15m investment – the stock saw a momentary bounce, hopium struck again, but unfortunately for shareholders, the decline continued.
June 2025 – delays were faced in the NUBURU funding, alarm bells were raised, and the stock continued to slump. Finally, on June 10th, an RNS disclosed a facility amendment and funding update, signalling to the market that the company was under financial stress.
5. Current Status & Valuation (Jul 2025)
As of July 2025, the market cap stands at a paltry £2m, representing a catastrophic 99.4% loss from its listing highs. Trading is currently suspended, reflecting the company’s weakened position. After a rollercoaster of a ride, the company is suffering from the consequences of the past years, and the only thing at an all-time high is investor distrust.
Sometimes yesterday’s winners become the losers of tomorrow, let this be a lesson – take profits when you can, don’t let yourself be railed in by high-emotion telegram groups, Twitter “experts” and the bloke down the street who’s just ten bagged and is certain he knows the next best thing. Sit down, do your research, and find value in whatever you are investing in.
Disclaimer: Nothing in this article is intended as investment advice, and readers should always do their own research. The cryptocurrency sector is highly volatile and can move rapidly in both directions. I may be invested in some of the stocks I mention in these articles, so please note that my comments may be biased. Everything is my opinion, so please fact-check.
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