One guess - maybe suppliers and consultants that were paid in...

One guess - maybe suppliers and consultants that were paid in cheap shares pre float .I don't blame them . Like most of us ,they have been hanging around waiting to see if the share price ever got close to float price ,in which case they would have made good money but unlike us retail investors who would be lucky to get our money back .These Sellers would likely still be making something or loosing virtually nothing .This thing is never going to go up, unless the current management make an effort to draw in some big investors , who will take out all this cheaper stock.Just cannot see this happening

Just a disaster and surprised it has not gotten even lower .