Ann: Change in substantial holding, page-2

I can't believe the sp was $6 once & closed @15.5cents today!!!
What has happened to cause such a massive devaluation?
The resource has been proved up. Shallowest potash deposit in the world. PFS getting closer.
Deal with & Emanco forming CMSC finalising the agreement with the Eritrean Government . Port cleared for use by STB allowed. So Sovereign risk minimized to low.
Very good & experienced management to take us through to finance & mining phase.
Question is why are Meridian selling down their holdings?
Any thoughts?