family business sell down?

i being doing some research , find out the majority's holder are from the same family...

- the ceo hold around 47 percent ..

- silver globe hold around 19 percent ...

they both from same family .. i believed.. both have similar indians name ..

and silver globe being selling shares non stop ...

aavasan limited .. second biggest shares holder.. they sold 48 percent of their shares .. thats like 2 months ago...

i believed they all linked to same india family ... as much i like myd ... it kinda greedy they selling down shares non stop just after the ipo .... i wonder why the shares price always drops dramatically all the time ... i brought in at $2... this company have potential .. but will management cares after taking $$$$$$$$$$$$$$$.. they being very quite... lately ...