RE: Filter22 Nov 2022 07:36
Looks that way and would make more sense than them needing to buy 30% on the open market.
For example if the RNS on Friday had been worded the same and they had said he is going to take his holding (currently with all affiliates 27% to 29.99%) then this would have got a spike then would have dropped back to 1.70p zone and continued to drop into the vote on the 15th.
As it is, the not knowing just how much they need is giving us all a good chance to make money and I think it will continue today.
Remember though, and ignore the ridiculous ramping here, this is still a gamble and if a negative RNS lands regarding their holdings at Move Fresh we will crash back to 1.70p
All IMO and I'm very often wrong ha!