" Ok i get what u guys are trying to do now."I dont believe...

" Ok i get what u guys are trying to do now."

I dont believe anyone is trying to keep the SP below 20c to avoid the options being exercised. I would expect that even if the SP was at 18-19c that some of the options would be exercised anyway. Reason being that, those directors who hold the options need to look at the long term. They cant simply flip them at 22-23c. Secondly, the coy gets further financed by the exercising of options. ALSO, because the volume from the options is not available from 18-20c.

IMHO, the answer is simple. Regal ( rf1.asx ) has had many many winners and a few losers this year. LPI being a loser. So they crystalize the loss before June 30 to pay less tax on their profitable trades. My guess is they have 5m to go.