Member Info for Icpgamefi

Who bought £9 million of CRW today? The possibilities in order of likelihood:

A new institutional investor building a position, possibly a fund that has done its own analysis.

Bain Capital accumulating quietly ahead of a renewed approach, their Rule 2.8 restriction expired December 2025 and they can now buy shares in the market without triggering a mandatory bid at current prices

An existing shareholder increasing their position. Octopus at 7.15% is the most active current holder

The Bain angle is worth watching closely. Will be looking for an RNS over next few days.

The most interesting thing is the 15,000 share buy at 1,538p at 15:46, that is a £230,700 single transaction. Someone bought a meaningful block in the closing minutes at a price above yours. That is institutional buying, not retail. Combined with the company's own buyback programme, there are multiple buyers supporting the price.

The small sells at 1,526p in the afternoon are normal profit-taking on a 2.67% up day, nothing concerning.

The close at 1,526p is significant, it is above the entire buyback range of 1,374-1,486p from last week. The market is pricing in that the worst of the selling is over.