I wonder where the source of selling is? Seeing a director halved their shares, it seems that there might be fractions caused by the failed CR and I wonder if other non- executive directors are selling as well. Non-exec directors couldn't give their mates a bone and are punishing Jimmie for it? This seems the most likely explanation.
Before the lead-up to the spike and the excellent half-yearly, the SP was hovering around 3.1 - 3.3 cents for a while. It is illogical that the SP drops below this unless there is some heavy selling by some insiders who are upset about the failed CR.
All IMO.
Excellent buying anyway, pity I don't have more to spend.
GLAH
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