The price dropped from 73 cents open to 58 cents low. There were walls at 62.5 and 63.5 cents and at the time of my post those walls were taken out in one gulp.
If there was unusual volume then the price would be higher.
Someone is accumulating in the low 60 cents.
If you couldn't get an off-market stake then you're only option is an on-market one and you're not going to be showing your hand buy buying up everything that's available !
ESS Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
