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
Ann: Ceasing to be a substantial holder, page-53
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Last
$16.90 |
Change
-1.940(10.3%) |
Mkt cap ! $1.037B | |||
| Open | High | Low | Value | Volume |
| $17.30 | $17.41 | $16.65 | $6.580M | 386.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 77 | $16.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.92 | 633 | 14 |
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| Last trade - 11.12am 11/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |