dcob, I'd say that many of the shares purchased at .008, .007...

dcob, I'd say that many of the shares purchased at .008, .007 and .006 were by existing holders including myself who are long term holders averaging down.
I'm sure many won't be selling just to make 100% profit on .006 shares, as the point of averaging down is to average down overall and by selling at say 1.2 or 1.6 cents will not accomplish this.
After attending the Brisbane Resources Conference, I believe that SRQ will be 8 to 10 cents this time next year.
Whilst some shares would have been bought by traders, I believe that many shares have been purchased by long term holders.
The next quarterly will be the answer to the direction SRQ is travelling.