Ann: Prospectus Lodged for Approval of Mauritian Note Issue, page-30

Maybe so....it is hardly likely any 'holders' are selling for profit at this point in time, so it may well be conscrued as 'unusual' that so many shares are sold at a loss ....current buyers would be hoping they are getting in at basement levels in the event this Co does get it right this time. But then, we seem to have had these descending price steps from 15c down to 1.1c over a few years now due to BoDs inability to make things happen....now further exasperated by graphite's current demise in the markets also....
Nothing suggests to me BoDs may get it right this time ...good luck to Buyers....but I get the feeling 13 mill Sellers are happy to do so...