Solid Fundamentals

Back when money was pouring into Lithium stocks some knowledgeable commentators said; that MMI was a safe bet and that investors would lose 80% of their money in some Lithium stocks.
Looks like some of that projection is being realized now with some Lithium stocks looking rather weak and the market questioning their business case.
As far as Institutional selling is concerned - there may be strategic reasons, maybe they see a better opportunity. In any case they have probably made a great return selling at 29 Cents.
As to their judgment - well ironically the industry funds run by the unions that simply by the index do just as well if not better than actively managed. Note - I am not an expert in industry funds and may be wrong re how they invest.
In any case a lot of smart people still have great faith in MMI - the stock market is not for the timid and weak of heart - get 2% return and leave it in the bank sleep well at night.
If the monsoon is fading and no more Cyclones up north that's good news for the production managers.
Looks like MMI will have to start putting bauxite on ships to China before we can order that new BMW.
Good luck fellow investors - keep up the great analysis.