Ann: Ceasing to be a substantial holder from Arix Bioscience, page-47

That's the expanded version of what I was thinking. If they released the notice they are done selling for now... Traders freaked out started dumping, triggered stops, got through 10c... Buying was strong, wiped 10c 4-5 times before going lower... Sometimes no trades for 30 minutes at a time waiting for the sells which never came because sellers know 9.6c is a bargain and a stupid place to sell... most were out at 10c in my view and a good part of the sells under 10c may have been traders buying today taking a small loss due to uncertainty... No substantial sellers today just traders (who some can hold a lot of shares)...

My guess is open at 10c.... maybe a few sell back from new traders entering at 10c or under 10c today.... then slowly moving higher.