Lot's of stock was issued very cheaply when the current team took over GRV and acquired Knox Resources. Those people have held for a year & it so happened they started taking their profits after 12 months at the same time as the market was pricing the stock as if it was very tightly held. The surge in supply has overwhelmed demand, for the moment.
Accumulators have also been happy to capitalise on the loss of momentum that the sellers have gifted them, and are looking to keep pushing the SP down to try and get their orders filled - as shown below:
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