Regal have completely botched this trade, their exit has caused this sharp drop the past week, but it doesn't IMO reflect AHQ's future success/failure.
It does give retail and others an opportunity to get in at a big discount, albeit there are still obvious risks involved.
AHQ do have a few options with sale of the other 2 projects which would trigger a refund of the reclamation bonds so some room to move and if we do move forward with just 2 projects that become profitable then SP will be many many multiples of today.
If I was management I would hold off an operations update until Regal had exited. There is enough liquidity that they should be done soon.
My understanding is that the reason for the poor quarter was mostly a lack of staff leading to lower productivity so Im sure they are busy rectifying that.
