There you go @elLocoGator, as theorised. Regal dumped 50M shares on Tuesday which shredded the buy side due to limited demand, evidently caused a cascade of others panic selling. 4 week average volume is 11.5M and that’s already been heavier than usual; for most of July it traded 2 to 5M per day.
Personally I’d be wary of any pumps as they’ve only managed to reduce <2% despite tanking the share price.
There you go @elLocoGator, as theorised. Regal dumped 50M shares...
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Last
1.9¢ |
Change
0.003(18.8%) |
Mkt cap ! $54.13M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.5¢ | $205.6K | 12.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 550000 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1652486 | 5 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BCB (ASX) Chart |