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1.3¢ allegiance coal limited

Reasons to invest in Allegiance, page-13

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Rendawg87

1,231 Posts.

306

18/12/22

20:32

Post #: 65359583
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Originally posted by contraindicator: ↑

right, so you see it recovering to 7c or so even if its manufactured by Regal?
However Regal have too many shares to really ease their way out. I think they have bought into a turn around story and intend to extract some big returns out of the company.
I could be wrong though, maybe they like losing money and getting free options that will never be worth anything because the share price will never recover.

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even at 7c regal need volume to exit. Volumes only coming
in so volume can exit on a successful turn around, or at least the start of one

AHQ Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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