There's all manner of reasons someone might sell down their holdings, it is surprising they weren't a little patient?, they might have been able to drip feed & sell at more favourable pricing.
If you look at the SP this year, it is quite possible they cleared out making profits:
As we are awaiting analysis, the indications that Lithium will remain stronger for longer - this sell down may have little reflection on where the RAS business might be going.
I'm inclined to take a position at these prices - late doing my Tax return, plenty of franking credits coming thru soon to put back into the market!
Lithium, Rare Earths, & EV inputs in general will be my targets.
RAS Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
