RGU 0.00% 19.5¢ regalpoint resources limited

Consolidation done Cap raise for 3.5m done for 17.5m shares...

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    Consolidation done
    Cap raise for 3.5m done for 17.5m shares being issued.
    Vendors shares issued and 90% escrow. 13.5m shares are escrow.
    Two directors hold 10m shares approx.
    A t20 will shed more light on the structure and the possible freefloat... so far almost 24m shares are either owned by two directors hence won't hit the market plus the escrow shares... IMO it might be tightly held as previous t20 was extremely well knitted...

    AO1 (previous RGU) should be trading soon so I would say within couple of weeks... perfect timing as it will fall within Xmas rally...

    Cheers
 
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