2022 - General Discussion, page-239

If you look at the data the SP was climbing until 17th January before it started its decline. What caused the decline is an institutional investor(s) selling out which for the period of 17th Jan - 31st Jan accounts for 36% of the sell volume. This was a momentum killer and put a lot of downward pressure on the SP. The frustrating part of this is we have seen the same thing happen multiple times over the last year (Regal followed by GEM and now followed by ?). Nothing has changed with the project aside from FYI missing an internal timeline. Once this seller completes their exit and some news comes out I feel we should start to climb again however we don't know how many shares they have left so it's difficult to say when exactly this will occur. Until then we will probably drift lower which provides a good buying opportunity.