One Down: 5 letters .... of royal bearing, or a detrimental lead broker from multiple ASX examples.
Same problem Raiz faced immediately after IPO when it lost 65% of its value on a rising customer base.
Best thing for Raiz is if Regal dump every share like ripping off a band-aid for holders, and then it can get back to the business of being a company without a manipulated valuation.
It's, IMHO, value at this price despite the very good points made about Asian growth in short term, but Regal is just such a big red flag to me.
Disc: Prior Holder who rode the down trend late 2019 for a cut even sell in Feb. (- 1%)
daily share price, page-12
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Last
36.5¢ |
Change
-0.010(2.67%) |
Mkt cap ! $34.84M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 36.5¢ | $25.86K | 69.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19086 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 343 | 1 |
View Market Depth
| Last trade - 15.59pm 02/08/2024 (20 minute delay) ? |
| RZI (ASX) Chart |