only speculators need constant news to keep them interested. The...

only speculators need constant news to keep them interested. The smart long term investors are simply waiting for all the old news to translate to $$$.
What you are seeing is simple transferring of shares from the impatient to the patient. The new investors at 5c who probably know very little about the company are just moving on and rightly so. I can count on my hands the investors still left from the cap raising in June at 2.5c I who are still holders and this will be no different.
Don’t start assuming the worst based on the actions of the small minority who invested knowing very little about the company but were simply persuaded by the lead brokers who only had to do a simple job of raise the capital and nothing else.