Regal are a fund manager that has to make distributions to its unit holders. one of the main reasons WA1 loitered for six months after the initial discovery was the lack of sellers due to the lack of liquidity and Regal may have provided that extra lack of liquidity after the second cap raise. Can't go broke taking a profit and they are in the business of making money........and as far as the capital raises go...I have no doubt hedge funds would pressure a company for another feed at the trough i they know they can shake the tree
General discussion, page-8807
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Last
$13.50 |
Change
-0.150(1.10%) |
Mkt cap ! $875.6M | |||
| Open | High | Low | Value | Volume |
| $13.75 | $14.26 | $13.40 | $2.991M | 216.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | $13.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.50 | 653 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |