RGS 0.00% 12.0¢ regeneus ltd

Yes sometimes it is a case of you have to dance with the devil...

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  1. 10,010 Posts.
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    Yes sometimes it is a case of you have to dance with the devil to get what you want. I speak to a lot of managements and to be honest most despise brokering houses. No lie. And if I had to deal with them all the time I would also.

    The only way you can harness support sometimes is give them a cheap raising at the best opportune time so they can dump and off load and then rinse and repeat. I'm sick of seeing the cycle actually. Some stocks do okay vut usually have very good fundamentals and are cheap anyway.

    CYP may be taking measures to prevent the same thing that is happening to RGS now by giving shaws a placement at 65c before they open to the market after the Fuji deal. I don't think they'll be able to pump it but it will churn I reckon. It's probably a good way to put a floor in the SP.

    But if RGS pull off a deal in the US like they have done here with AGC you won't be able to buy anything short of 30 to 40c imo. With liitle SOI and no chance of a CR she will be tight as and easily go to $1. Just a matter of patience now imo.
 
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Currently unlisted public company.

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