I get the Klaus hate, it cost me money too, but I think we need to put it in perspective.
He actually dumped them at 15c the first time and 17c the second time (he actually sold above market price).
The first time he dumped at 15c it went down to 10c (-33%), and then went on to 36c (+260%). The second time he dumped at 17c and it's now 9.6c (-43%).
Three things:
- Not close to a 90% drop.
- On the current 43% drop it's very easy to argue a large percentage is due to market conditions. Have a look at most other lithium plays during this time.
- But most importantly, Klaus dumped at points where the company was worth in excess of $200m. We're sitting at $13m. So if we find ourselves 1438% up from here and Klaus wants to dump some shares, it's fine by me, I'll just make sure I cash out first
