gself,
There may be something in what you say, but that aside, this seller/s seem determined to cap the SP at .23c.
There doesn't appear to be a shortage of buyers and if the seller/s didn't keep on feeding the .23c line the SP would rise.
The mistery is what's the motive behind it?
I was sure it was a desperate seller/s, but now I'm not so sure.
Even taking the hedging and current POG into account, EXM is deffinately worth more than .23c ....IMHO.
Interesting times!
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