This is in the accumulation phase. Parties attempt to keep the share price down. For many days it has opened down then closed at the prior days close. They are trying to shake out as many lose shares as they can at the lowest possible price. Then sell it all into the lab result news. Rinse and repeat.
Would be great to see some strong buying come in to rebuff these games but with the company doing raises and offers, without the PPSA, lab results etc we may be in a holding pattern for a few more weeks.
Ann: Quarterly Activities Report, page-59
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