Greenland Energy is trading 11.14% down at $3.99 on September 29, but the available market snapshot does not clearly explain the move. - Fugazi Research called the company “uninvestable,” citing no proved reserves or revenue, a speculative resource estimate and delayed well deadlines; Benzinga linked the prior-session selloff to the report. - Greenland Energy defended its exploration strategy in a shareholder letter, but reporting does not establish the letter as the cause of the September 29 decline.