I don't like having Regal on the register either. What has been surprising is that they have not sold down. They could have taken a very solid profit at $3+, which would have been a very Regal thing to do - there's been countless examples where they get shares cheap and flip them quick. The fact that Regal hasn't trimmed is quite interesting. On the lending side, I think they charge ~3% on the borrow for Zoono shares, but they only need 1/2 of the shares they own to continue to play that game.
Ann: Notice of FY20 Full Year Results and Key Dates, page-99
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
