There are good and bad side of this deal, good side is we got more cash, but that cash is just a different unit of asset, it's already reflected in the share price.
The bad side is we lost future income/prospect about that JV, which also reflected in the shareprice, so in future, the extra source of income is terminated, I think that's why the current SP dived.
Unless...the sale price is significanlly higher than the predicted value which the current SP mirrors.
Please correct me if I'm wrong, new to shares by the way.
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