....and I suspect there are plenty of other holders ready to...

....and I suspect there are plenty of other holders ready to dump a lot more of the stock on any tiny rally. Me being one of them! Don't forget a lot of sh are still in here at 50c plus (pre GFC). It owes a lot of people a lot of money (I doubt it will ever see 50c again but if it ever gets anywhere near 10c, there are a lot of shareholders with millions of shares no doubt clambering to get out!). Only way out of this one is if local government is becoming less corrupt (wouldn't wait for that to happen) or we accidentally strike gold rather than coal. In short, for most long time suffering shareholders: hope for some volume, take a loss and move on (and you should probably stop using the broker who got you in this stock!).