This doesn’t exactly fill me with confidence. Regal is going to have to offload a huge number of shares onto its sub-underwriters to stay compliant with the corporations act. This is rarely good for the SP.
MST is a broker not a fund. Any shortfall is going straight out the door even if they have to take a loss. While none of this means the SP is going to struggle in the months ahead, it certainly isn’t helpful.
Ann: Trading Halt, page-107
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Last
56.0¢ |
Change
0.005(0.90%) |
Mkt cap ! $689.4M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 56.5¢ | 55.0¢ | $1.173M | 2.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30360 | 55.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 35361 | 3 |
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