So what do we think Regal's play is here?
They've been pushing the price down (assuming its them, seems to be), but it doesn't appear to be a shorting play looking at the data.
What else could they be trying to achieve - push down the price to accumulate cheaper (like OZL were) or lower the average for a third-party takeover offer?
Or could there be some other motive for it? Not sure what I'm missing here.
Cheers,
Dingo.
Ann: Becoming a substantial holder, page-57
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Last
45.0¢ |
Change
0.030(7.14%) |
Mkt cap ! $77.37M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 45.0¢ | 41.5¢ | $42.69K | 101.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 750 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 2399 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| CNB (ASX) Chart |