Could be multiple reasons such as capital conservation, moving...

Could be multiple reasons such as capital conservation, moving funds for allocation elsewhere etc.

The fundamentals of this business are better now than when it listed at reasonably fair valuation in April. The fact that it seems like one larger seller happy to offload at IPO price leads to me to believe reasons above.

There has been a lot of hot money in small caps space recently ( Hydrogen - think PH2, Graphene - think SPN) .The DEL development pipeline is going to take a little while to come into play and at the moment we are sitting on $10Mio of assets in operation. The potential for increased capex costs, a shallowing moat and project delays may be enough for the bears to stay in their caves or leave investors on the sidelines until they get more comfort.

In a years time it will be a look back and wonder how much I could have bought at 20 cents moment IMO. Glory to the brave. GLTAH