I personally think it's worth at least double where we are...

I personally think it's worth at least double where we are today if not more. There really hasn't been any bad news since they turned down the 80c offer.
To my eyes the share price is manipulated which is easy with low market caps. I don't know wtf they want but it's no coincidence imo that it ticks up at 4:10 every day recently.
Regal have all those options & they don't have a history of losing money so I suspect at some stage there will be a pump so those options are in the money.
In reality I'd be happy to get my money back at this stage but I don't see any reason why this should go lower on merit as they are very close to break even if not profitable. The next update should be interesting. I think small caps in general have been hammered over the last year but I've noticed a big uptick in some of my biotech stocks recently so hopefully this rallies too.
All IMO only it's clearly a very speculative stock & not for the light hearted