Ann: IGO: Lithium Joint Venture to Acquire Essential Metals Limit, page-238

I think you will find that the sellers just below 50c are the same or related parties that are buyers just below their 50c.
There is some big accumulation going on below 50c.As said before people who bought over the last 2 months down to 30cents are very happy to take 49cent a good profit. We need to wait for the take over outcome or another bidder, this stock as many have said before is very undervalued.