20 cent party, page-159

As far as I know Regal owns their shares under these two accounts. To be honest I am very CONFUSED with what Regal was doing. Regal first bought in their Novatti shares back in April 2021 and June 2021 with an average price of $0.66 and $0.65 per share. Regal also participated in the CR at $0.55 per share back in July 2021 and August 2021. As you all know Regal has been selling their Novatti shares far below their initial cost and also reducing their holding from 7.29% to 1.82% as at 17/3/2022 at a huge loss. It would be much appreciated if any expert in this forum can explain why? Or may be can Peter Cook or Regal please explain why this happened?