Regal should not be investing in these sort of illiquid shares
Even if you exclude the 15m buy/sell on the 23rd of Feb, they accounted for ~33% of all volume in Feb
The fundamental performance almost seems irrelevant in the short term as each time the price attempts to get to 9c, the strength/momentum gets sold into by what seems to be an institution that wants to get out, but too lazy to look for a block trade
Ann: Change in substantial holding, page-2
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