This could be the only reason for capping the share price around...

This could be the only reason for capping the share price around 4c by big players / institutions who want to be part of this dream with a bigger pie.
....
(e) Minimum Issue Price
The issue price of Equity Securities issued under Listing Rule 7.1A must be not
less than 75% of the VWAP of Equity Securities in the same class calculated over
the 15 Trading Days on which trades in that class were recorded immediately
before:

So nothing to worry about SP not reacting to the exciting news in short term. Bright future for LT holders.