Who’s buying and selling, page-404

Trading has been interesting the last 4 or so sessions.
In each session the close price has been higher - usually only ½ a cent, however the vwap has been above the close price.
This suggests to me accumulation is taking place. The accumulators don't mind pushing the price up during the day, but ensure it's only up a bit at the close so the next session doesn't start at too high a price.

You must remember we just raised $74m at 16c. A fair chunk of those investors are not in it for the long term, just to make their 10-20% and then move on to the next raising.