It was a frustrated person that sold the share price down from 8 to 7 cents in my opinion. The volume traded has been exceptionally low for the past week or two. one day 5 shares were traded and that dropped the share price by a few percent. That trade probably cost the buyer $5.40, ie $1.08 per share. so it was probably sold by a broker just to trigger the $5 contract cost.
There was a sell of over 1 million shares lying at 8.1 cents (or thereabouts). It disappeared and approximately the same number went through at 7 cents, therefore I think it was a frustrated person that sold out. Apart from that the volume has been exceptionally low, no buyers and no sellers.
It's a waiting game until the next approval comes through.
INF Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
