From my Technical Analysis experience, we are nearly at a long term price support (0.32 low of 2009 - though at that point company was in sound position) - so price may hold this level.
Having said that it could still test 0.35 and even break and go all the way to 0.32 - where is will hold in a range for a while and either jump up or crash to new low.
Fundamentally - the biggest question is, does it still hold the faith of investors ? where and how is company going to generate immediate funds to sustain? would this lead to mass sell off triggered by 'interested buyers' low offer?
ASZ Price at posting:
38.5¢ Sentiment: Hold Disclosure: Not Held