The 5.5% stake translates into roughly four million shares in iHunt. On Dec 6, at the end of the trading session at the Bucharest Stock Exchange, HUNT shares were up 24.6%, amid deals worth RON700,000, at RON0.415 per unit.
The company’s shares have been trading down 1.8% so far in 2023, amid deals worth RON4.35 million, triggering a market capitalization of RON31 million.
iHunt is majority owned by Cezar Catalin Stroe, Chairman of the Board of Directors. On Dec 6, Stroe sold 333,333 HUNT shares, at a price of RON0.3188 per unit, totaling over RON100,000.