WA1 8.81% $16.31 wa1 resources ltd

Ann: Ceasing to be a substantial holder, page-53

  1. 5,168 Posts.
    lightbulb Created with Sketch. 597
    Did you actually read the announcements?
    Regal took the placement at $2.75
    The shares are now trading at $5.60.
    I reckon a 10 year old could see that the Regal placement has been good for the company and someone with a little more wisdom would probably infer that it has given the company a much needed liquidity boost to entice a few people to sell.
    There's no pleasing some people
 
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