d) could it be collusion ie someone has taken a short position and is profiting from working with the seller who is selling down ?
Personally I feel the stock did get over heated I sold out too early as did not think it would get anywhere near 30 cents without funding ,going to 40 cents seemed just ludicrous , but that is conjecture as we all have different $ values we put on a company at a point in time.
At some stage fundamentals (project NPV and IRR ) have to usurp emotional selling and the stock will stabilise guessing that will be around .25
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