Could there be a large holder exiting?
Whenever there's a large bid order around 3c it's sold into.
The month of May has seen some 1-2M days.
All selling is coming from off screen which is evident by the thin sell queue.
To buy yesterday's volume you'd have to take the price to 3.6c.
I was wondering why Management aren't buying with the share price this low as a number of Directors recently bought at higher levels.
They bought on market when there was an opportunity. I suppose the answer is the same as above - they can't. No one is offering anything.
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