I agree with your thoughts. Regal have burnt themselves with Opthea and there has been a clear uptick in volume since end of March which is around the same time as the below AFR article with Regal saying they would pare back on risky bets in the future.
My pure speculation also, but I agree with your sentiment here.
https://www.copyright link/markets/equity-markets/we-got-opthea-wrong-regal-s-phil-king-tells-investors-20250402-p5log6
Is the SP a reflection of the state of the business, or moreso outside factors? The ladder imo, time will tell!
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I agree with your thoughts. Regal have burnt themselves with...
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $38.91M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.6¢ | $47.86K | 1.322M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8030 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 39107 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8030 | 0.036 |
2 | 250000 | 0.035 |
1 | 25000 | 0.031 |
6 | 231539 | 0.030 |
1 | 25000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 39107 | 1 |
0.038 | 35000 | 1 |
0.039 | 48295 | 2 |
0.040 | 225000 | 2 |
0.041 | 16000 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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