Ann: Market Update, page-339

There is someone or a small group of individuals who keep trying to manipulate the share price here by padding the buy depth (currently almost 40 million share buys under 1c)

This group has being doing this on and off for 8 months now as IAM and were doing it as well as SRT
I suppose they believe that it helps the SP vs turning suspicious holders away. If you consider at 1 point across several accounts I held combined almost 10 million shares,
I can assure you that rubbish is 1 of the reasons I no longer hold

In regards to the recent announcement, If it was a case of IAM not allowing themselves to get bullied on contract terms then good on them, however that is twice now shareholders and potential interested parties have been let down. In my opinion IAM needs to take stock of how they approach contracts and temper their enthusiasm with reality. There needs to be greater certainty around conveying news to shareholders, and at some point expectations (which are very high here) need to be met, else the enthusiasm will eventually fade.