any ideas why gnspa would be so weak

I am normally not surprised if the GNSPA move a bit more wildly than the GNS shares as they are thinly traded. However it normally moves up or down sharply when there is a scarcity of buyers or sellers.

In this case there is neither but over the past 2 days there has been relentless selling each day. any thoughts? the volumes are now in the 10000's each day. so buyers come in but as the do the sellers appear.

With interest rates going up it makes no sense at all. The incentive to redeem or convert gets greater as rates go up.