More interesting than the ACCC announcement, is that Regal Funds Management have increased their holding in this company to above 7%. This insto has been accumulating since August, so they obviously see some value in the business whose shares are trading at all time lows since IPO. Regal could have easily shorted the short, but now look to be going long. Has the sell off gone too far? Is there maybe a short term opportunity here for quick 20% return?
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