you might be on to something westie but with reference to Royal's AGM presentation and the shareholder slide, Lodestone Equities are quoted as holding 19.5%, therefore a challenge for someone to get enough stock to trump this holder.
As a Royal shareholder it has been a confusing year - resource has grown significantly, Sin-Tang's holding was taken out, successful capital raisings injecting a good base of funds into the bank account - these are all significant positive achievements, yet our SP for the calendar year is down 68%.... weird.
2013 is our year........
MFE Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Not Held