Its a small cap that isn’t on most people’s radar and they have not met promised timelines so the impatient sell. Not a lot of buyers atm. Hasn’t been for some time.
Low volume of 2016/17 shipments also a concern as is the undisclosed margin.
On the bright side, we have 4 months to ship 200,000 tns. That should be say 5 X 40,000 shipments.
Long term holders would be crazy to sell now!
Mulac1
