The issue with management is things are moving too slowly and they have not properly addressed how they will sign the next BTA. What are the conditions precedent? Why are shareholders trying to work out the reasons for delay? Transparency is key and it is missing in my opinion.
Reassurance was definitely missing for a holder to dump a massive amount of shares yesterday.
I predict that that same holder may offload even more next week. Maybe they will wait for a quick bounce to maximise the price they part with their shares.
LNG Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
