Updated data from my previous post. A massive 27.62% of all volume in Feb was contributed to by the sell-down by T Rowe Price, no wonder share price is down. They are happy to be taking (at least) a 41.51% return on investment on shares they bought last year. Will be interesting to see where their model limits are set and whether they will buy back in as sentiment starts to shift.
The next few month hinge upon the imminent MRE upgrade and production update. If the MRE, AISC and throughput from production are strong, share price should re-rate.
All my opinions - DYOR.
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