Brushup, that sell off looked like a bit of manipulation to push the price down. There was 26,200 buys on offer at 16c, and someone placed a 27,000 sell at 15.5c to just push it past the line so that it would open lower.
Why would you sell 27,000 shares for $4,185, when you could have sold 26,200 shares for slightly more at $4,192 and then sell the other 800 at 15.5c later for an extra $124?
There weren't very many sells at 16, so they weren't jumping the queue.
Ann: Pause in Trading, page-7
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