Ann: Evion Awarded EU Strategic Status - Maniry Graphite Project, page-41

The market is responding appropriately to SGA after washing out some volume.
However, we have a fairly stubborn seller that's holding us back.
That's a 1.5mil dump into 1.9c... with 900k sitting on the ask.

Understanding we are only 2 pips above last years closing price, I can't see a reason for this to be "tax loss" selling.
Those who bought 3c and above would have already sold out for "tax purposes" via stops etc...
To me it seems to be around possibly entity swaps again... They are selling to themselves pretty much hence the selling seems very persistent as it doesn't bother them.. the number of shares is all that matters when moving them to a different entity on market.

Watch this 900k seller dump into 1.8c if it doesn't get filled by eod.
How ASX allows this type of activity is beyond me... but welcome to the micro cap space.