Insig AI (AIM: INSG) stock up after CEO puts in cash offer above market price
Insig AI PLC shares moved higher Tuesday after CEO Richard Bernstein made a new offer to buy shares at a premium to the current price. Still, the offer price was less than the 20p-a-share level the company mentioned in a funding update three months back. At 15:02 BST, trading in London was still going during the London Stock Exchange’s normal 0800-1630 BST session. Google Finance quoted Insig AI at 13.60p, up 15.74%, as of 14:14 BST. Volume stood at 388,510 shares versus an average 281,390.