I agree teneriffe, and while the panic seeling was occuring there were also some big orders on the buy side at 1.3c. Some still think its worth a punt.You don't place large buy orders on a penny dreadfull unless you're whatching the whole day.
On the other hand I've never seen an announcement like this, its looks unprofessional. Maybe it was deliberate to force the sp down. hahaha!I doubt it! We'll see.