Hhhmmmm someone definitely restraining share price me thinks. Have seen this a few times with MCR, the company comes out with a positive announcement, and the share price plunges by 3-4%. You see 300K sell order put in but not for long. As soon as the price starts to get it's head up, it gets slammed back down. IMO, someone wants that VWAP below 70c.
Time shall tell I suppose...........