10.5 Wall, page-157

Melbana is a very liquid stock, not tightly held and not currently on the institutions radar., and no major events due for perhaps a month. As such a group of 2 or 3 traders can manipulate the price fairly easy. You will find that of todays 43m buy and sell orders - at least a third would be the same 3 or 4 people groups.

If you can buy and sell 10m shares a day at a margin at just 0.1c, that's a 100k profit for the day. The will put sell orders at a base of 10.5 cents as the price is much easier to control at 0.1c increments than 0.5c increments.

There has been huge turnover the past 6 weeks, but no change in the top 20 holders (11m shares will get you in)