Ann: Notice of Annual General Meeting/Proxy Form, page-8

hahaha i know, it is frustrating but i rather view it as cost of doing business like a start up not as buying and selling shares.

i think people sell because of the recent announcement of potential issued shares. it seems big but compare to potential cash inflow, it is not.
of course timing is the issue again here, when to raise. hope they can raise as much as possible per share issued
and for us, it is the timing of when we can see the actual cash inflow that determine the attractiveness of the investment. ~it is a long game~