Regal Partners has now sold a total of around 33.6 million DRO shares over two big trades I think, first on 9 July at $2.48 and again on 14 July at $3.09. That’s about $90.5 million in cash raised.
If you go back and look at when Regal was buying, the cost base looks to be somewhere between $1.00 and $1.13. So the profit they’ve realised from these two sales is in the range of $52–57 million.
Even after those sales, Regal still holds about 62.5 million shares. At today’s close of $3.43, that holding is now worth around $214 million. Based on their earlier buy prices, they’re still sitting on an unrealised gain of about $143–151 million.
So in total, Regal’s made a s5it load here more than $200 million combined between what’s been cashed out and what they still hold.
If my figures are wrong can someone correct me.
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Last
$2.95 |
Change
0.030(1.03%) |
Mkt cap ! $999.6M |
Open | High | Low | Value | Volume |
$2.90 | $2.97 | $2.86 | $1.823M | 625.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | $2.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.00 | 185 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | 2.950 |
1 | 3000 | 2.900 |
1 | 3500 | 2.890 |
2 | 22000 | 2.880 |
4 | 14055 | 2.860 |
Price($) | Vol. | No. |
---|---|---|
3.000 | 185 | 1 |
3.030 | 6830 | 3 |
3.050 | 3500 | 1 |
3.070 | 3000 | 1 |
3.080 | 4077 | 2 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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