Ryuu96 on 23 June 2023
I sometimes chat with risk arbitrageurs here and one of them confirmed that there must have been insider trading in the ~10 minutes before the @CMAgovUK decision on April 26.
— Florian Mueller (@FOSSpatents) June 23, 2023
The stock suddenly tanked by $5 and there was no advance report by Bloomberg or so.
Criminal!
🧵3/X
I mean, yeah, this was so fucking obvious, before CMA even announced their decision, everyone noticed that ABK's stock plummeted and most said (jokingly) it must mean it was blocked, turns out it was blocked.
Some MF in ABK was insider trading 100%, I'm shocked it wasn't investigated, Lol.
Essay Pro