Clearly they're taking profit prior to any drilling news to ensure (on the very slim chance they can't get a commercial flow) that they make good money with no risk of loss.
I am surprised that management were not able to get enough broker support to buy back arganauts interest and stop this ridiculous exercise that is punishing holders by stalling any possibility of seeing true value in the share price.
If not, maybe directors could look at taking out this trickle dump? Not their responsibility i know, but it would be nice.
:)
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