Excellent analysis, thanks Tubelord!
Makes you wonder why AML mgmt give a hedgefund like Regal what they want in placements when everyone knows what happens next?
Also, commonsense tells us that when Regal went from very big sellers to very big buyers around April (also as per their ASX anns), they must have a mgmt contact/inside info?
IMO, hang in and don't be sucked in to Regal's tactics to get your shares cheaply....
This is a basin wide, monster and at some stage there'll be a day of reckoning!
Regal Funds - Key dates and profitability, page-2
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