Barny, it appears that someone wants out no matter what.
From the action, it would appear that the US is leading the downslide. ANd I think it has to do with the purchase of CDS early 06 by issuing 16mill ADRs. They were escrowed for between 6 and 9months. SO this can explain the selling in the last few months. The ADrs are 1 to 10 so effectively we have to work through 160mill shares. THis is why good announcements are met with a veritable wall of sellers.
Just my speculation.
PSD
psivida limited
