Regional Reit Share Price (RGL)

Very strange timing for the sale.They have watched the share price slide for a couple of years.Majik are very shrewd operators.They could not sell if they had received inside information on any potential share issue.Declining to receive information is a common practice- but,by inference,can convey something is going on.It would be normal to consult your largest shareholder if a rights issue is being planned.They may be selling because they anticipate a further dilutive share issue and want to reinvest the cash back in RGL.Or they may just not see the prospects for the shares improving in a realistic timeframe.No doubt it will soon be obvious.

I think as a non uk entity you have to disclose within 4 day's or as a UK entity within 2 days under FCA rules. Like you say interesting to see the share price holding up while this level of selling so I assume a deal was done with another interested party.

RNS indicates that Majik's holding is now 4.71%, whereas it was 9.13% back in September 2021. Whilst that's not a ringing endorsement of the company (!), it's surprising that the share price seems to have held up well during the selling (unless the bulk of the selling pre-dated the recent small bounce). More Majik selling to come or will they be content at this level?

Frankly, the probability that you hit the all time low for investing in this dog we all own and now have some fantasy idea of a level where you would reduce risk, is simply laughable.

Not impossible, but extremely unlikely.

...since I invested back on 12 March. Stock still looks cheap, but is no longer the absolute no-brainer it was back then. Might wait till it hits 25p before reducing........ :-)