6th and 7th was only about 20M in total sold. Wouldn't have affected much with the volumes, but the other 170M were all sold on the 13th and 14th - that's what killed the momentum of the stock, especially with the IDSB sales announcement. Not sure what you consider low volume, but during this time, the low volume days accounted for a drop of 0.001 - I really wouldn't consider that a big drop. Below is a snap shot. All other days from 8th onwards lowest trading was 133M shares - I would still call that healthy volume
Hopefully he has done selling, but there is another extremely large holder in the wings. As to whether he is also selling we won't know because his holdings are split over several entities so there is no substantial notice he has to give. Someone keeps selling into 0.025 at the moment, so not sure if all the selling has stopped, but I do hope it stops soon so the SP can recover.
OVT Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held
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