Regarding the sell down, I wouldn't let that worry me. The risk profile of the company is changing and the risk investor might be wise to reduce their holdings just prior to an unknown event such as the launch. It's like reducing your holding in an oiler just before they drill a hole. It makes some sense to take some cash and pocket it.
McRae holdings sold tens of millions of shares in AHZ a few months back at 5c, now it's 18c.
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