Ann: Becoming a substantial holder, page-8

First 8 Last

Share
Profile

Follow
wot

10,597 Posts.

1505

19/08/21

18:22

Post #: 55423754
Share

Originally posted by nofiller: ↑

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.

@Second
Regal 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_16June2021

I 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.

Expand

Bought a decent lick yesterday at 22c. So obviously saw value.. the stacked sell depth is likely them - pressuring sales for accumulation. Def buying more tom.

WGO Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

DXB

Dimerix links up with US NEPTUNE network to boost recruitment for FSGS study

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too