Seen this many times whilst investing and imo certain market participants had a inkling a large seller or sellers wanted out for whatever reason and this is the reason the bids were loaded in very high quantities it was normal that is for sure. Bids were sold into and lowered because there was no reason to increase them , stop losses and nervous holders only increased pressure. Retail Holders are last to know. SCL which is basically a online market place for teachers and educational institutions has talked up a big second half of the year . Well funded with around $3.276 million as per quarterly recently released . Market Cap trading around $12 million and if they can improve on last years full year revenue of $6.1 million imo this does not look expensive. No doubt the quarterly recently released was average to disappointing and the sp has paid the price, many seem to not take notice that this was on the back of a record breaking March quarter. Renewals this quarter are great which is bullish leading into by far the busiest time of the year with a updated ISS Schrole agreement leaving much more potential in terms of increasing revenue whilst also marketing into new areas.Its up to investors or traders to decide whether this a value trade or investment.
