Lol.
I don't comment too much on HC, and especially not on the WGO thread (it's not the most enjoyable thread). I don't hold much, this is a painful legacy hold for me.
@SecondRegal are well known in the industry. They have multiple funds that target different investments / risk profiles - I don't know which fund has picked up WGO. They a very solid insto and they are known for being early investors in a number of stocks that have gone on to multiples.
People generally have mixed feelings about Regal because they are well and truly in it for themselves, due to the fact that they appear to buy and sell shares to suit their own purposes. That said, there are stocks where they will buy on market and at every raise. However, they tend to sell if they consider that the stock is over priced, and buy if they consider that it is underpriced. While people don't like this, I honestly can't hate too much...it's what we would all like to do, they just impact the price more because of size and volume.
I can almost guarantee that they are not here to flip pips.
Finally, with respect to the 'ASIC investigation' comment, ASIC didn't take action. So take what you will from that.
https://www.regalfm.com/site/PDF/3aef0032-ddda-4e37-a251-6300a7ec2b71/RF1_ASXAnnoucement_ASICnoaction_16June2021I cannot see any negative from having a large, well run, well respected and (generally well liked insto being on the share register.
If nothing else, STX
and Regal purchasing WGO should tell you one thing - WGO is undervalued.
