That's the kind of behaviour you see when someone has either a short position they're trying to protect or an interest in an up and coming equity raising trying to obtain the best discounted average price. I didn't think you could short this stock but maybe it is contracts for difference etc. If it is a short or CFD then they could be in for world of hurt before long if the company announces soon.
1AG Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held