Alot of selling occuring in DUG over the past 3-4 days.
Wilsons (WMI). Who had listed themselves as a significant shareholder since values of ~$1.50-60. They have sold down and are no longer a significant shareholder. They have also listed DUG as a top 20 holding over the same period, which probably equates to about a 5% position for them, at a minimum.
Sheila Lamont, who is the spouse of the founder and MD has sold off 2.5m shares. Together they still hold a significant # of >21m shares. By my calculations they together still own around 20% of the company.
However. This has seen some significant downside to the share price, falling ~20%.
So the question is..... Is now a good time to buy