Sell orders are fake. 7 million and 5 million shares in one sell order.... any investor with that sort of money knows that doing that will drop the price and impossible for anyone to buy. Its probably someone that wants to buy more shares at the old SP before the announcement. Butthurt that they missed out. (Trying to cause panic sells).
If someone wanted to get rid of that many shares they'd do it in increments or just wipe out buy blocks once they pile up.
Don't be fooled , the CR was at 4c. If instos didn't think 4c was a steal they wouldn't have bought in . Instos are smart investors. Buying in now for 1c higher than instos seems like a really good deal.
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