This has to be honestly one of the oddest stock trading sequences I've experienced in the micro cap portion of the ASX. A 90% jump up in the space of a few weeks with significant volume, then a period with almost no selling pressure at all. Only for a very long downward trend that really ramped up with volume recently.
I want to think some professionals are trying to get as much stock as possible, but I think this has gone on too long for that to make sense.
Just really makes such little sense how there can be so much support on the way up and then for that to evaporate.
Yes, the last quarterly was probably a bit understated to what it could have been but it wasn't horrendous.
This just seems all a bit strange. Such little news flow, but management is surely incentivised given their share holdings.
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