RE: RNS4 Apr 2024 17:18
Only guessing numbers but Spreadex's first RNS mentioned that they crossed on 5.3 and had 1,027,143,270 shs. 5.3 was the settlement date of the raise so let's assume they got them at 0.05 in the raise. Today they mentioned that their position changed yesterday to 922,143,270 shs ie let's say the sold yesterday and maybe the day before the difference ie 105,000,000 shs. Today we had 2x90,000,000, a 48,000,000 and a 5,000,000 executed at 0.0528-0.053, let's see if they confirm tomorrow a position reduction by another approx 233,000,000. If they continue at that pace they will be done by next week and we are already rising now with them selling, the upward movement could continue till the end of April and into May. Let's sit back and see. DYOR