Sorry for being a bit late getting back to you, I'm on holidays not looking at the board as much.
As far as I'm aware tranche 2 has been done, however they haven't submitted an Appendix 3B so those shares have yet to be issued. I believe the shares issued under tranche 2 were to long term holders as opposed to the tranche 1 that was sold off. Not sure why the tranche 2 buyers wanted a delay in the issue, RGI certainly don't need the money atm.
There has certainly been some interest in RGI lately. Another 800k cross yesterday on top of the previous 2m. Whoever is buying those shares knows the market depth simply wont allow you to purchase that many. Another plus, is generally with these sorts of crosses, the shares are going from weaker hands to longer term holders. This will magnify any gains made on any good material announcements made in the future.
Onwards & Upwards seems to be what's happening at the moment.
RGI Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
