Well we now know where about 30% of the placement went. Regal...

Well we now know where about 30% of the placement went.
Regal have a mixed reputation as flippers of stock.
In this instance though, I believe they took stock in the previous placement at 40c, and unlike other small cap funds who took in the same placement, didn't sell a share.
Similarly, I believe they did VERY WELL out of LNG and have a LT relationship and loyalty to MB.
This placement has definitely gone to sticky holders.