IMHO The share price slide is due to a combination of the...

IMHO The share price slide is due to a combination of the following
1)There was anticipation that SP would start an uptrend with flow results - it was this built in anticipation that was holding the share price in the .060s: by the time the results came there was no surprise element to the results and everyone who expected a big increase was surprised to see the opposite - and even more to their suprise they saw a stacked up sell side and not enough buyers;

2)heavily diluted -- too many loose holders

3)has already run from under 2 cents to 6cents range in the last year- any profit taking at this stage is derisking.....today may have been a preplanned day for profit taking for people waiting to capitalise on the news....the lack of an expected price jump is shaking the 'waiters' out

nevertheless its volatility and the fact that there are many holders who will be ready to jump in with a trend reversal will see the price bounce off - but that may not happen at expected time lines