I was referring to small number of sales previously at .3 cents...

I was referring to small number of sales previously at .3 cents as the short term cage rattlers in attempts to get market to drop, then buy, then sell at the inevitable greater than .4 cent before financial year end.
On the other side the slow build up of sells at .4 may well indicate those that wish to break even if bought at that, or some positioning for a loss to be used against profits for other shares or earlier trading. Regardless both situations will likely change with another couple of announcements before the end of the financial year.