If you look at the charts, this stock never stays down after a big drop more than a few days. We'll be back above $17.50 by October 1st. There's nothing wrong with the company, just another over reaction by a few that didn't understand a PR.
Nothing in stock-market investing is really easy...a cavalier attitude it seems does not fit well at all with long-term, careful investing...flipping has nothing to do with such. Day trader's- off to the rear!
That 'few' you speak of traded 12,000,000 shares the highest volume in the history of this Company...it looks like all the shares which were willing to trade at the lower price found buyers...I am not sure the why and the how of the paper being exchanged but I am hopeful that things will level out over the next 2-4 weeks...what I mean is a likely return to the $18. price area...meanwhile further dividends likely await each month as well...
Yes! This a fine opportunity to be in this perpetual trust for many years and benefit by a market inefficiency....etc. Once the 'green-shoe of 2.2 million extra shares of ROYT is placed by the underwriters @ $17.15 or what ever the price is....then were good to go....jmo....and monthly dividends....very nice!