What is the size of Weiss Asset Management's disclosed position in Alphawave IP Group and is it a net increase or decrease?

Disclosed holding: Weiss Asset Management filed a Form 8.3 that meets the Takeover Code threshold of ≥ 1 % of Alphawave IP Group’s issued share capital. The filing confirms that the firm now holds a position that places it just above the 1 % mark (the exact number of shares was not enumerated in the excerpt).

Direction of the change: The disclosure is recorded as a net increase to the 1 % + threshold, meaning Weiss has added to its stake rather than reduced it.

Trading implications: A newly‑recorded net increase from a sophisticated investor often signals bullish sentiment and can act as a catalyst for short‑term upward pressure, especially in a thinly‑traded mid‑cap like Alphawave. Traders may look for a modest price lift on the news and consider adding to long positions on a pull‑back, while keeping an eye on the level of free‑float and any upcoming corporate events (e.g., earnings or potential take‑over interest). Conversely, if the stock is already heavily bid, the move could simply be a “buy‑the‑rumor” effect that may reverse once the initial enthusiasm fades. In any case, the net‑increase disclosure adds a positive fundamental tilt to the technical picture and warrants a watchful but measured trading approach.