There’s only 2 scenarios that I can think of as to why the price...

There’s only 2 scenarios that I can think of as to why the price is being capped at the 10c-12c range as you can see in the image. (this wall of sellers has been there for months and 100% are not retail sellers)

1) Insiders/market makers want to exit ASN within a range of 6c-10c and since they can’t all head for the door at once they cap the price with the wall of sellers as seen in the pic. (Less likely as they would want the price to run higher id imagine but possible as it may not have the liquidity to be able to exit if they did and would be overextended)

or..

2) Insiders/market makers are capping the ceiling price so they can accumulate as big a position as they can within the same range without moving the price too high as they have an entry target range. (More likely imo but not heavy favourite out of the 2 scenarios).

Time will tell and we can digress....At the round table.