Lack of liquidity and a tight register.
Very little selling but those who have decided to sell have made an impact due to buyers being overly cautious. This is why I am surprised some companies have decided to come out of suspension. The laws are not yet fully clear, it seems, so there will likely be little buying until that happens.
I think MNS were right to stay in suspension till things become clearer and the dust settles.
Ann: Tanzanian Update on Mahenge Graphite Project, page-9
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