Yes the selling doesn't make a great deal of sense does it?
What is interesting is that whilst the NTA remains at ~$1.60 per share, the fund's MC has shed ~$42 million in value on the back very modest trading volumes (a total of only 3.9 million shares changing hands so far in the Month of May 2022). See daily volumes below.
Seems the majority of the selling is from one big seller that may need the cash in a hurry.
good buying opportunity to average down.
Column 1
Column 2
0
24-May
544,300
1
23-May
204,746
2
20-May
195,228
3
19-May
301,517
4
18-May
144,299
5
17-May
127,059
6
16-May
260,086
7
13-May
515,123
8
12-May
251,935
9
11-May
231,033
10
10-May
269,807
11
9-May
314,333
12
6-May
162,750
13
5-May
96,451
14
4-May
138,576
15
3-May
205,859
QRI Price at posting:
$1.44 Sentiment: Buy Disclosure: Held
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