SO Regal owns 15% of the shares in the company and Baker Bros another 7.5% then two holders own 22.5% of the shares.
And one of these holders is hell bent on manipulating the price for their own advantage. So IMO you can often disregard the share price as a fair indicator of the value of the company. Its simply whatever Regal Funds chooses it to be. Smaller retail investors are simply along for the ride.
Ann: Becoming a substantial holder, page-3
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Last
82.5¢ |
Change
0.015(1.85%) |
Mkt cap ! $1.015B | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 84.5¢ | 80.0¢ | $2.835M | 3.473M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17359 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 106026 | 2 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| OPT (ASX) Chart |