RE: CAKE19 Jun 2015 13:11
Been following CAKE since they released their half yearly results. Didn't really know what to make of the last RNS as I've always seen directors selling as a bad thing?
Agree with you chequemate that, in this instance, its likely they've sold for a positive reason.Could it be an II looking for a considerable amount of shares they can't get on the open market. Do we know how many shares are in free float? Director holding was 50%+ pre sale, would this "specific market demand" suggest there are very few shares in free float?