Was having a discussion on the same with a friend. Why will they sell there stake and not raise money through other means like ofs or qip or debt. Why to sell meaningful equity and that too without informing the exchanges of the deal. Isnt this some sort of corporate governance lapse wherein retail investors are kept in dark of such big deals. And in there concalls they aspire to be a big ethical cooperate house with huge ambitions.
disc: trimmed position at 3700
hold 5% of portfolio
will not add
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