This is a possibility as they want their aim is to hold 16.6% of overall register.
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However; I don't see any reason why Lion would sell yet as it would expose them to dilution
if all/most options were exercised.
I think the current chart offers a strong opportunity for a
Wyckoff spring to happen around 25. We can see volume tightening up leading to expiration of options.
Cheers all GLTAH and DYOR