No need to comment because anyone in the know will realize that those are the shares picked up by Regal Funds Management as part of the recent placement for 3.0 Cents. Those shares were sold at prices ranging from 3.6c to around 3.3c. ie, at a profit of between 10% and 20%. They were able to do that because of the strong demand for BLG shares currently.( check out the byer seller ratio) They have every right to do that as BLG has banked their cash injection. Not a bad profit for a couple of weeks holding! So somebody at Credit Suisse probably got promoted rather than sacked.
Still shooting from the hip I see.
BLG Price at posting:
3.3¢ Sentiment: None Disclosure: Held
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