I think that the conspiracy theories that surround price action...

I think that the conspiracy theories that surround price action on the ASX are giving rather more credit to the investors involved than they deserve.
4DS has been trading through most of its register over the last six months in the 0.02 to 0.04 zone. There have been large numbers of shares purchased at prices between those values, and the owners are going to be protective of their capital - lots of stop-losses positioned, not much to lose by selling to cover oneself.



The inevitable result is the lack of support for the share ... when the going is slightly adverse, people sell. The minimal distance to move down means that lots of stop losses get hit in succession, which forces more people to protect their capital and sell. It's a nervous market at present.

There were over 500 million shares purchased over the last 6 months at less than three cents, so a lot of people can sell at these levels and make a profit - so there is nothing strange about the price going down to where it currently stands.

The buyers of the "bargains" at 0.36 will have to wait a while to recover their money - if they intended a stag profit they may be disappointed, it may take a while for the wind to come back into the sails here, depending upon the news flow.