Regal still holds 11.5m shares out of 96m shares on the...

Regal still holds 11.5m shares out of 96m shares on the registry. Average daily vol for this stock is about 200k - 300k shares a day. So we're looking at 50 - 60 days for them to sell out. 5 trading days per week => 10 - 12 weeks. Keep in mind the price is an important factor as well. In theory they could sell their entire holding in an off market sale but it's usually at a discount so i doubt they're gonna do that.