The momentum (from good news/announcements/MC buying) combined...

The momentum (from good news/announcements/MC buying) combined with illiquid shares on market which carried it up has not only stopped but turned into negative/no news/MC tapped out &/or happy now at 5% and lack of new buyers in a market spoilt for choice.

You need to remember the IPO was at 20 cents & with shares picked up around if not lower than that on market, a lot of people sitting a reasonable sum & return.

So this is not a unique situation and 64 cents then 54 cents could be on the horizon but I expect this to be a blip in the scheme of things if it is an investment versus trade.