IMO, the stale holders are still so much under water that gonna has to flush out at higher SP.
The churn on Monday was more the short-timers/punters that had bought @ 0.4 and 0.5c past couple of months, I guess. They were lucky this time to get out with a nice profit on the short-lived bump.
Ann: RMX to Acquire Western Australian Rare Earths Project, page-98
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