Free, over 2.1 million shares sold. For weeks Astex has traded 3 to 6% of its outstanding shares. I think there is more to come. Institutions after news get out will want in. They do not react quickly.
I'm not giving up on this run. Just understand it will have to settlle down a bit. Remember the last time we were in this territory we had 40M less shares outstanding. So this move is pricing in an extra 240M in market cap. It would be nice to see a deal announced or milestone achieved, give the institutions a reason to jump in with both feet. I will like to see this trade in a small range for a few weeks.