In my opinion the chart trends and patterns are not what is...

In my opinion the chart trends and patterns are not what is moving the share price at the moment.

The bot trading is. It's been pretty obvious to me, having been watching the trading here over the last couple of weeks.

Lots of small value trades, which have mostly been driving the price lower. This has been for the reasons of trying to accumulate shares by a) triggering a stop loss, b) keeping the price down in trying to frustrate existing holders in to selling.

The bot trading was pretty quiet in the first 3 hours post announcement yesterday. Buying demand was strong (price was up ~18% at one stage), and the bot did not fight this. Bot arrived in the afternoon. The price has gone from a high a 19.5c yesterday to a low of 16.75c today.

The price has usually risen in the closing auction, i don't recall any times where it has decreased in the closing auction.

There has been a specific set of trades that has been very regular recently,
Trade 1 generally for 3 to 5 shares
Trade 2 generally for 10 to 20 shares
Trade 3 generally for 150 to 190 shares

The set of these trades has regularly been transacted at a price lower than the previous trade.

I rest easy in knowing the big players are keen to keep the price down, they are only doing that for one reason in my opinion. They want more shares, at as low a price as possible.

Others may disagree with my synopsis, but this is how I see it at present.