Yeah not a good combo. Number 3 alone is not a good sign. Regal...

Yeah not a good combo. Number 3 alone is not a good sign.

Regal is known for destroying companies on their exit, just go and look at what happened when they exited AGH another medicinal cannabis company on ASX, when AGH got this same announcment of change in substantial holding with Regal starting to sell, AGH were around the same price at VIT now, today AGH are trading 3 cents after regal drip sold all their holdings .

Yesterday it was announced that regal had 39.9 million sahres of VIT and sold about 6 mill shares now they still have 33.8 mill to offload if they are getting out. You can see on the chart and by the announcement which lists their sells and dates, that they were responsible for some of the big dump days. Its more than likely its them selling again today, so around 1.9 million shares, trading 14 cents. They still have around 32 million to offload. What price you think VIT will be when they finish dumping the rest of the 32 million shares.

Add onto this directors clearly using the company as an ATM, not the best looking future for VITs share price.