This is a significant positive signal for Audioboom in my view. A 6.76% stake by a professional investor suggests they see the potential for value creation above the current share price. The fact that Audioboom is already exploring strategic options adds a further layer of potential upside (or volatility).
Doing their 1 share nonsense to keep the price down. Why is the spread down to £580 when just 1 share has been sold at this price. All the rest are in the 590 +