I am still a holder rgeex and I think you are presenting a worst case scenario there.
Price here last Thursday dropped to the (dark) under 6.3c shelf.
As
@NBZ said the other day, this is ‘not a good look’, and it was immediately followed by massive volume of about 1.75M shares traded well under 6.3c on Friday.
But for purposes of entertainment and glass (somewhat under) half-full thinking, a contrast to your worst case scenario - in the near term is ... what if the video expected this month (as per
@Troymc23 ‘s chat with management) will have good news in it?
....or a new announcement with good news is coming to support said video?
And Regal or someone of that ilk knows this and decided to shove the price around so as to set things up to make a quick profit out of any possible news whilst ensuring those of us who feel stuck over the 9c level sit tight and either watch the (possible?) bounce playing out below or sell at loss into it?
Or Regal or someone of that ilk thinks there is news coming that actually has longer legs than a bounce, and is just collecting a few more shares for the future harvest?
Alternatively no video, no announcements, more price attrition.
And that’s an example of confirmation bias.
....But still I could really use some of the money stuck in KYK elsewhere right now and I know if the wishes were horses the beggars would ride, but I still hope the wishes being sent out from here do come true.
Yours truly
*wishful thinker*
Cheers