the sale was million up as suggested already on this thread whi were very early investors. Company is unaware of why but they assume funds will be allocated to a new investment because that is their focus. I think selling could be acquiring shareholder taking a small drag profit , these crosses have historically been down by Petra and I participated in the last two before this one. It is tempting to simply lock in a profit of 6% . personally I think the short to medium term upside is too great.
the move to Atlas will see a couple of months without production but the expectation is there will be inventory to keep continuity of sales
in reality if they enter the relocation of plant with 140m in cash , it will be no big deal of thy drop to 115m for a period . They could even suspend dividends for a half
it’s simply very short term thinking not to see the value LT
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