Marcellus sold off a little over 80,000 shares on 9th Feb in a bulk deal, but they haven’t said anything about it publically and have probably not completely exited the stock.
Normally I wouldn’t bother with the present correction as it seems like a time correction only, and likely offers a good entry into this business. But with the absense of concalls, and the fact that Marcellus sold so many shares and made no statement, is there any other information that anyone has got on why this fall may have happened, and if there has been any change in the fundamentals?
Disclusore: Have a tracking position and considering adding big in this correction if I get any information on what may have caused the fall, as it seems to offer an excellent risk reward