In a highly illiquid stock, it's easy to move the SP around. Someone outlaid $4700 to jump the spread to push it up by 2 pips.
If we get a 3Y in a a couple days corresponding to today's propping, it will be bullish for the CR being pushed out a couple of weeks but bearish for a deal being announced by 30 June.
Will the lack of deal by 30 June followed by a CR be Apsec's 'come to Jesus moment'? Their April Performance Report says it is time to execute. But being long-term bagholders, deeply in the red, maybe they were sated by the flaky announcement last week. Let's face it, anyone holding this dog for 8+ years whilst compounding losses is easily sold a story; there's been so many since the days of PO proclaiming WP as the "WhatsApp killer"
It will only take 1 largish holder to stop believing to send the SP down into the 0.01s
All imo
