To understand the market and the way people trade is just...

To understand the market and the way people trade is just impossible. But some factors for the recent selling might be that maybe short sellers are finally dumping share after it pumped from 0.003 to .014 now back down to 0.005. You can usually see large amounts of shares being exchanged just before price starts to move higher again because people that are shorting need to switch back into a long position so they dont get burnt.
Another reason could be that people are tired of waitng. I know i am getting tired. I have been waiting since 2021 when they told us that by mid 2022 they would be cash flow positive.
We are yet to see this positive cash flow and its over 2 years later.
Another factor could be that with China struggling iron ore prices just cant find stability and we are classified as an ironnore compnay so we continue to be pushed around.
Freehill also doesnt have enough exposure to new investors, so buying power to increase share price just isnt enough and continues to drag.