WHC 1.21% $6.69 whitehaven coal limited

Is this a good or a bad thing if management sell down 20% to...

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    Is this a good or a bad thing if management sell down 20% to steel makers of blackwater? it de-risks the project but also means less $$ and divvies doesnt it?

    https://hotcopper.com.au/data/attachments/5895/5895983-319d80b400302d18d67c7f8d350e2c97.jpg

 
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