Clearly there is only one shareholder with that amount of shares and Regal’s performance has been on a big slide more recently ...
In times of sliding small-mid market stocks and leverage funds under pressure will often have to sell out the good with the bad to maintain collateral levels and if I was a betting man thats exactly what has happened here.
The good news is that someone else (who is likely large and well cashed up) thinks ATU is a steal at 16c and wanted ever piece of Regal’s misfortune.
ATU’s assets havent changed and are in big demand ... the price has just hit standout bargain territory for investors with a 1-2yr view IMO
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Clearly there is only one shareholder with that amount of shares...
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