I think it's unlikely to be market woes, although this is a possibility. 1875000 shares were sold at 2:51:37 in 3 parcels.
There are a number of possible reasons for this:
A trader exiting a position for who knows what reason? There have surely been traders in this stock lately, as the price fluctuations have been predictable. Perhaps now they've exited as the big announcement gets close, or maybe even to buy a mother's day present, who knows?
If info has been leaked regarding TLS announcement someone could be selling because it's negative, or to buy into a position, and are preparing to trigger stops at .019, of which there'll be plenty I suspect.
If it's negative info that's been leaked I suspect few will be willing to support the share price, so we'll see a sharp decline, as apparently happened prior to confirmation the NZ deal fell through several years back.
Below 0.018c prior to the end of May I'll be concerned. I would hope we're in a trading halt with sensitive negotiations ongoing by then.
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