regal recently (last week I believe) crashed out from their other biotech investment, look at their share price too (ASX:RPL), they have shat the bed since February, wouldn’t it make sense that they change their course of action and stop short selling a stock they own 20% of?
maybe next week they will decide that yeah we got to let this thing go higher.
are they waiting for one year options call? Or put calls? I don’t know what the rationale is for stomping out a company they own 20% of?
AL3 Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
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