The recent sell down has been on relatively low volume and, when compared with other small caps, has been nowhere near as severe.
That said, there is obviously uncertainty related to the outstanding finance question, which is likely to be the biggest determinant of this company's success. Understandably, due diligence by financiers can take time but given the company's most recent advice we could hear something very soon.
It should also be noted that the IDC recently approved funding for a small cap listed on the Canadian exchange - so there is still a chance that this funding will come through.
We just have to wait and see.
SoS
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