They sold stock at market!! Why?...maybe they were happy with what they made after a considerable run up, maybe they are manipulating the price lower, maybe they found a better opportunity short term and moved on it. It is of no consequence in the big picture.
I say short term because I believe in the medium to long term, the ring of fire is in a class by itself. We may see some more drop and back and forth movement on SP till the next NR but this range $4.90 to 5.20 at least is a little more representive of current value than the 4.30 range and I would expect the stock to stay in this range until news comes out. If news again is delayed past 2 weeks, we will probably drift lower again but this does not change the medium to long term value of this great company and the ROF area.
Have a great weekend everyone,
Glorieux