I just find it hard to believe that all the sell orders are genuine considering how far off the price they are. The only thing these sell orders achieve is to stack the sell side & encourage more sellers. Surely if you are a genuine seller you would not do this as it is counterproductive to getting the best price possible.
Someone suggested that the orders could be left over from when the price was higher, but that was two weeks ago now & I would have thought that the oustanding orders would have been updated with a new price if you really wanted to sell.
NBS Price at posting:
30.9¢ Sentiment: Hold Disclosure: Held