Well somebody want this price to go down. This is obvious from...

Well somebody want this price to go down. This is obvious from today's 2 trades:

The 3990 and 1010 sells both hit the 5000 buy order at 29c. This is fine, however the timestamp gives the game away that they are institution sells ie appear at the exact same time - 10:38:29.

The reason for this is 2 fold -

1. To push the price down on low volume in the hope of drawing our genuine sellers from which the manipulator can buy from, and

2. To create the illusion that there are more sellers than there really are

If they were genuine institution sells or retail sells, then they would either appear as one single sell order of 5000 at 29c, or the 3990 & 1010 would appear at different times.

This strategy is commonplace across ASX listed stocks. Basically it means that while selling, the seller has their finger on the buy trigger.

Due to the low volume, today's broker sells (which are available in 3 days) will reveal which institution has bought and sold those shares. Usually, it will show the same institution buying and selling.

Unfortunately until TZ comes out with news that will act as a price catalyst, then we are at this particular institution's mercy