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Libertine Holdings – “combustion performance using bioethanol” or cash currently its ‘burning issue’?

Libertine Holdings (LIB) has issued a “trading update” including that its “work on the grant funded development with MAHLE Powertrain supported by the Department for Business, Energy and Industrial Strategy has completed” and that it “continues to receive commercial interest from a number of customers across different applications and markets”. So why a share price currently nearly halving to 2.5p in response?