Nothing can be ruled out but if there was CR around the corner the participants would have already sold way above 5c. Looks more like the rest of funds required to sell due to IMU getting demoted to ALL Ords have done so. And, it seemed to be an organised dump, buyer was waiting.
Nothing has changed fundamentally unless there was a leak this morning but, in that case, the sp would be at 1c.
Balls of steel are needed here, RAD and CHM not faring much better.
GLTA
IMU Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
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