Regal Funds, there is a reason why they have some of the highest returns in the industry. It is worth looking at key dates against the chart (see below) for when Regal Funds had a change in interest, became a substantial holder and ceased to be a substantial holder. It would not surprise me if Regal again becomes a substantial holder in a few months time after they accumulate more shares at this lower price. They are extremely calculated and have a tried and tested routine when it comes to making a return on investment. Buy, sell, accumulate, repeat.
I cannot guarantee that they will continue to use this investment strategy, however, I hope this gives a little clarity and almost a level of predictability into the long-term price action behind the scenes.
I would love further input on this, and please let me know if I have made any mistakes.
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