Closed @ $5.01. A one share after-hours trade dropped it to...

Closed @ $5.01. A one share after-hours trade dropped it to $4.75. Then a 10-share trade took it up 5% from the regular close to $5.76.

Looks good on paper, don't know if you can read too much into it other than to say it's being played. A lot of single digit trades on the Naz keeping it in range. I'm surprised it's held up so well. The 12-month chart suggests it could/should have come back into the channel, as it has done on four previous occasions. Instead seems to have found a new higher range.

Also thought it might be being kept up here for a VWAP placement. They had $17M at Dec Q. Funnily enough the recent presso says "Cash (31 Dec 23)" but no amount! Whoops! Either way scale-up at Virginia will be reasonably capital intensive. Current burn is $4M/Quarter and they're 2 months into that. Taso has said they have access to DOD grants etc, but they must be down to about $13M - $14M cash, maybe a bit less.

Notwithstanding, as you said, lots of interest here with much of the buy/sell coming from off-screen. The pattern seems to be sell-off at open then buy back up over the course of the day.

Interesting times.