I have no problem with them.They help keep the registry clean &...

I have no problem with them.

They help keep the registry clean & shake out all the weak hands, scared money, speculators or day traders & just leave the genuine, committed holders behind. That's what we want, genuine shareholders filling the registry. By doing this they help stabilise the SP. You don't want too many weak hands in any stock as it creates volatility. There are only 150 million SOI & the T20 hold around 60%, so you don't want your entire registry filled with day traders, for example.

A few posters here would be considered scared money.

IMO, they do it because they know W2V can take the hit, it's a good sign. W2V just has to come through with the goods.

If you look at this announcement below, W2V wants to start repaying grants by 2024. The only way I can see how they would achieve this is by being cashflow positive.

Grant money, in general, doesn't usually have to be paid back. When most companies/individuals receive a grant it's considered free cash. Yet, W2V wants to pay it back. So that tells me W2V is committed to getting this off the ground & to start paying back entities that supported them.

Perhaps shareholders could be next in line?



WAY 2 VAT LTD. (ASX:W2V) - Ann: Way2VAT receives $A625,000 R&D and commercialisation grant, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

IMO only day traders & speculators would have to be scared of Regal. Genuine, long term holders shouldn't worry.