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Ann: ASX Relisting and Market Update, page-13

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stormer

17,589 Posts.

1635

26/02/24

12:20

Post #: 72596099
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Originally posted by TraderP: ↑

By memory the problem with Regal is when there are convertible notes or complex instruments involved.

This situation they have shares and options. It needs to go up for them to make money.
Roadblocks may occur if they are happy with say a 100% rise and happy to get out and supply hits the market.
If the pulse is moving should not be a problem as this will attract interest from other parties.

Options are giving a early indication of expectations. Was hoping to buy at 1 cent.

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The problem is the very name Regal on a register scares off potential investors

CDX Price at posting: 8.4¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 6.3¢		Change 0.001(1.61%)		Mkt cap ! $18.53M

Open	High	Low	Value	Volume
6.0¢	6.3¢	6.0¢	$3.105K	51.36K

Buyers (Bids)

No.	Vol.	Price($)
1	2232	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	25815	1

View Market Depth

No.	Vol.	Price($)
1	2232	0.060
1	16000	0.058
1	145156	0.057
1	197927	0.055
2	140000	0.053

Price($)	Vol.	No.
0.064	25815	1
0.065	9608	1
0.069	55927	1
0.070	30000	1
0.071	49998	1

Last trade - 10.29am 07/06/2024 (20 minute delay)

CDX (ASX) Chart