The bottom was formed by the price holding at 12c, in my...

The bottom was formed by the price holding at 12c, in my opinion. Trader's haven't driven the price lower because the market recognizes the insto support at 12c (the $12.5m raised only 3 months ago). I would suggest the market at large recognizes the value in this stock but also recognize that the value doesn't get realised until we're able to sell SOFDRA. So knowing approval won't come until around July, there's no real rush. That said, I think what you see here is simply retail investors who are positioning themselves with confidence, who are chasing certainly by getting in now instead of worrying about trying to squeeze a cent or two out of the price before committing. Like all stocks, how much does the price rise in these incremental stages before others realise they're now 5c or more off from where they could've bought in earlier. Just my opinion.