I cannot see your logic as to why you say SP was overvalued? It...

I cannot see your logic as to why you say SP was overvalued? It wouldn't have been oversubscribed if it was in my opinion. I agree wit you though that we have hit the bottom mark as it seems to be stable and finding resistance. If does fall below 0.45 cents I think it will be free fall from that point to a low of 0.20 1 0.25 cents in my opinion.
I think a lot of hype on MM stocks and lots of companies jumping on the MM hype. Hopefully it should all settle down by the end of the year and with animal product launch it would be a upward trend I believe.
DYOR.