I am convinced that Minderoo are leaving because they got fed up with WP's untrustworthiness and failure to meet milestones.
I know many on here think that lying to the market is just being pragmatic but I don't think that capital markets accept this. Clearly the share price destruction would indicate that my view on this has merit.
WP had better stop tweeting (clearly the market doesn't care about that nonsense) and he'd better start achieving.
I am also very sceptical as to why to Top 20 investor list is being withheld this month if it's usually published by now. I hope that it shows that Minderoo are out when we do see this list and perhaps management are waiting for Minderoo to be gone until they publish this list. I doubt that Minderoo decided to just sell a few shares, it's not like they need the money. It's either an IN or OUT decision. Hopefully their exiting has been the cause of the share price damage lately and that they're gone soon if not already.
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1 | 3 | 13.510 |
1 | 100 | 13.500 |
2 | 1007 | 13.300 |
1 | 500 | 13.110 |
Price($) | Vol. | No. |
---|---|---|
13.700 | 614 | 1 |
13.900 | 1000 | 1 |
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