I understand your point in relation to a jump from .002 to .003...

I understand your point in relation to a jump from .002 to .003 being a 50% increase. That is perfect if you got in at .002 but many here (myself included) are seriously underwater after getting in when the lithium price was close to an all time high. The slow down in EV adoption and the consequent fall in the lithuim price has seriously devalued this company along with its peers. Its an unloved sector but also presents a great opportunity in my opinion.
I feel before the consolidation when the bid was .002 and the offer was .003 it was effecting the liquidity of the stock as it took some conviction to pay .003 when the price was continually dropping back to .002.
At the end of the day its the market cap that sets the value anyway and I think sooner or later the market won't be able to ignore the fundamentals of this one and it will be re rated to a value more consistent with its peers.
Cheers,
DGE