I think that people are getting fed up with lack of positive news or responses from the board and/or they see better value and options elsewhere.
I doubt there is any manipulation at all, rather a lot of shareholders who hope it is manipulation so the shares can bounce back.
I hold a heap of this stock and hope it is being held back as it owed me 2.5cents, however, I doubt its being manipulated.
This company would love to see the share price get above 2 cents and well beyond so it can be seriously looked at by others (greater market cap). Until then it is perceived as a spec stock.
The May options have nothing to do with the current share price. If any options are putting the brakes on this stock its the unlisted 400mil options exercisable at 1cent.
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