ZNO 3.57% 2.7¢ zoono group limited

hi here is a link from todays SMH about Regal, or just read the...

  1. 260 Posts.
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    hi

    here is a link from todays SMH about Regal, or just read the snippet below and you get an idea. One day after we find out they increased their holding in Zoono.

    disallowed/business/banking-and-fin...cus-for-vgi-regal-merger-20220330-p5a995.html
    Short-selling key focus for VGI, Regal merger

    Sydney investment guru Phil King says now is a good time to be short-selling stocks, after his firm signed a binding merger agreement with VGI Partners to become the country’s leading alternative investment house.
    ASX-listed VGI Partners and Regal Funds Management announced on Wednesday a binding agreement to fully merge operations under fresh branding for a company that will be listed on the ASX under a new ticker.
    Both firms have been pioneers of short-selling in Australia, using a strategy where the investor seeks to benefit from falling stock markets by leasing shares at a certain price, returning them when the stock falls and pocketing the difference.

 
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