freshtel to drop to 8.5c on todays open

Geez louise, looks like someone is about to sell down in the pre-market to the buyer looking for 3163 shares at 16c today leaving the next buyer 9000 at 8.5c.

Freshtel is going to need a white knight here to save the day. I suspect one will magically appear.

If Freshtel trades today at 8.5c it's market capital will be reduced from $29M to $15M. Further analysis indicates that just a few months back it had a market capital of $45M, quite a drop of some $30M or 66% in just a few months.

BUYERS
Buyers Volume Price

1 3,163 $0.160
1 9,000 $0.085
1 10,000 $0.080
1 10,000 $0.050

4 32,163

SELLERS
Price Volume Sellers

$0.160 5,000 P 1
$0.175 25,000 1
$0.180 70,000 1
$0.190 103,279 2
$0.220 10,000 1
$0.250 37,000 1
$0.260 30,000 1

280,279 8

FRE shareholders, you guys need to take it up to Freshtel management and demand some answers from them. I believe that it only takes 5% of shareholders to call an EGM.