I was simply going by what was indicated in previous Cabbie charts and posts like in this one here https://hotcopper.com.au/posts/59135788/single
with distribution and markdown leading up to the level where "the accumulation process will start around about that circled price level/area".
So from Cabbie's charts I figured it to be about 36c.
I'm not sure if holders and potential holders would have the patients to sit on their hands for that ~36c level to arrive before buying any shares they could lay their hands on, but that that was the indicated level, with the only possible interruption at about 50c!
New TA/Charting, page-8099
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