WGO 0.00% 35.5¢ warrego energy limited

Wot, What makes you think Regal are holding down WGO ? you are...

  1. 5,347 Posts.
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    Wot,

    What makes you think Regal are holding down WGO ? you are totally guessing. As a substantial holder they would also need to update their position regularly on any beneficial owner transactions, no matter how small.

    I don't see it.

    If I was guessing I would say the two directors needed some money for something and used their broker to place the block trade. Regal were the easy option as they provide large liquidity in the Australian market and are already a substantial holder of the stock.

    IMO
 
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