Ann: PEPR Approved for Great White Project, page-53

I suppose many long term holders will be in the red with an average buying price above AUD 0.10 or even higher.
So after todays de-risking announcement I don't see any "real" selling below AUD 0.10 apart from some traders getting their kicks out of trading for some pips and the occasional enraged short seller that thinks 'doubling down' is a clever strategy (which is not ... everyone that wanted to sell at these prices or had stop loss orders in place has already sold). Maybe some tax selling in June in case there are no further news till then and the share price stagnates.

So.. I'm happy to endure some 'upside risk' while waiting for further announcements to come.
With a market cap of around AUD 150m I don't see any future surprises priced in.

Greetings from Germany!