Perhaps23 May 2023 15:04
Given the size of some of the trades, I could be these guys cashing up. Purely speculation on my part, but even at 2.5p, it’s still a healthy profit.
“ Cizzle also announces that it has raised proceeds of £115,586, net of expenses, by way of a subscription for 7,371,557 new ordinary shares in the Company ("Ordinary Shares") at 1.6p per share (the "Issue Price") with existing investors (the "Subscription"), in order to provide funds to be put towards satisfying the Option premium.”