The great thing about the registry churn here is it is proving ample liquidity at a bargain price to accumulate for the eventual formal transition to Vingroup/LG who will probably want downstream JV only rather than ord shares. It clearly explains the sell pressure and gap from market cap to project and operating site value and fills me with confidence to top up at these values for the long term. When a company is doing great work, in a boom commodity and it isn't reflecting in share price there is other motives at play and this is it IMO. Thanks for the bargain EcoPro.
