Yes the German institutional investors are selling and are losing more than half the value they paid for their shares. Essentially they are losing around 60% of their monies.
From where i stand it looks like they are selling as much as they can when the share price is above 30c, but not enough to scare off retail buyers. They are doing it smart which is a positive but there is still 47 million shares to sell
It looks like they dont have faith for the lithium drilling and want to sell as much as possible while the hype is on before the possilbly retreat to 20c
AZS Price at posting:
32.0¢ Sentiment: Sell Disclosure: Not Held