Werble ..., the sell down may not necessarily be related to loose lips, I’m not sure. According to 3Y disclosures, it appears the Regal group was selling down at a loss (initial purchase disclosure was at the 9 cent CR - approximately 2 years or so ago), might be slightly regretful now...., not sure. The point being, when a holder (s) drops 40-50% of their holdings then much harder to buy them back if indeed that is an option or not (each to their own). And as for your previous post, many here also bought well beyond the sell down. On that note, and upon monetary and position settling, the SP may return to something like before ( Cash value plus 3-4 times enterprise value). Ridiculous MC ratio to pipeline. Finger crossed.
PTX Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
