RE:RE:I think IFC has sold out all their sharesIFC is a member of the World Bank. The get their funding from debt issuing which is pretty cheap for them because they have a AAA rating based on gurantees from the member countries.
https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/about+ifc_new/ifc+governance/funding/ourfunding I think their total investment in AUE was around $20m compared to funding of $16bn in 2014 of IFC that's a drop in the ocean. As I already stated once an investment is not compliant with their investment criteria anymore they have to exit. I guess when MNG took over this triggered a change of control, with MNG holding 55%. They had to exit and did not care about the price.
I agree that the shares have most likely been soaked up by non-retail investors, as the trades were always above 1m shares which is not the typical retail investor size. Probably different new or existing investors took over the shares.
Expecting a gradual recovery now, as the selling pressure from IFC seems to be over.