Still looks like the seller(s) from yesterday is still here....

Still looks like the seller(s) from yesterday is still here.

Share price gains a bit of momentum and gets slapped down by 0.2-0.3cents at a time indicates likely a forced seller or seller(s) that want out fast.The broker or the individual doing this selling does not seem to care much about getting "the best price" which would be in small parcels throughout the day.

I believe yesterday's volume on the ASX and Chi-X was approximately 12.5m and already 5.5m today would indicate a Top 20 (maybe even a Top 10) shareholder is selling.

If this selling does subside I can see a fast rebound to the 7.5c mark or the recent placement price. May see a spike to >8c. If there is news then could see NUH spike higher. Picking how many shares left to be sold would be the difficult factor.