Why would anyone pile so much sells on at 15c
First 1 million then 2 million now 3.4 million shares
If you really want to sell you are not doing yourself a favour by applying that much downward pressure
If you need to sell you should go lower - getting behind a queue of 3 million shares is not realistic
If it does take out 15c with over 3 million shares it is probably going higher
So either some traders do not care/are stupid
Or 15 is their lucky number
Or someone wants more and is trying to get a better price - in which case the volume will run away if the price gets too close
Maybe just wishful thinking
But I hope it means all is going well and a ship is being booked soon
Rumot
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