RE: 250k trades12 Sep 2025 12:30
R55, I noticed it a while back but didn't keep a record of a running total.
My guess would be similar to yours, somewhere in the low millions.
As I understand it they would have to notify if they go above a 3% threshold, which is c7.5m, so maybe a way to go yet....who knows.
It would fit in with how insti's operate with their position building approach, so maybe the institution that took part in the placing mid June is adding to their holding...placing price was 17p.
This from the AxisBiotix and placing RNS.....
The Placing is being made available to certain institutional investors, including Premier Miton. Under the terms of the Subscription David Brierwood (who currently holds 5.51% of the Company's ordinary shares) has subscribed for a total of £600,000 which equates to 3,529,411 New Ordinary Shares as part of the fundraising, at the Issue Price and at the same time as the Placing.
All just speculation on my part trying to work out the smoke and mirrors game that goes on.
What I do know is that the chart is looking better, with a break above the falling trend line which started in mid May, which also coincides with a break above the 50 day EMA for the first time since early May.
Sentiment is changing on the background story, so maybe the market is starting to believe.