There would have been a heap of people who bought on 7th March...

There would have been a heap of people who bought on 7th March when the price opened at 0.028 and traded down. Presume they waited for a bounce which thus far hasn't transpired - perhaps they got sick of waiting. Seems a bit bizarre as the next flow rate update should be 'imminent' (or at least more imminent than the previous use of that word) and given the potential for the well production number to increase given the size of the choke in the short term it seems that these holders have given themselves an uppercut.

Alternatively, there is an absolute sanger of an announcement on the horizon and news is leaking (although one would expect the price to be pasted down to 0.02 in pretty quick order if this was the case).