When you say VG1 is doing a lot better under Regal that is true, but that is not much of an achievement given how bad it performed prior to that.
Also to put VG1s improvement under Regal in perspective, the NTA was a tad under 1.90 when Regal completed the merger almost 2 years ago.
If they had of simply done a wind up then shareholders could have had circa 1.90 and invested that themselves for the last 2 years. I would have preferred that. Instead an investor can sell for about that now instead.
The board of VG1 said they would sort the discount issue out early in 2021 but are still sitting there now.
VG1 Price at posting:
$1.92 Sentiment: Hold Disclosure: Held
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