My eventual buyout target remains well north of a loonie, but I will start taking profits at that level.
Nice news also from REG that, no surprise, a bunch of well in the money warrants were exercised so now Regulus is nicely cashed up. This may also explain the share price weakness last month, as people exercised some of their warrants and ten sold the shares to raise the money to exercise the rest of their warrants before they expired.
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