You can't read too much into bot activity...god knows I tried.
For example, selling to create a down tick - as seen after the recent announcement of funds received - might be driven by a bot as part of an accumulation strategy (for example, Acorn, which has been a consistent buyer in recent times).
I just hope that management have been doing their job during the Jiangsu delays, and been devising a concrete strategy going forward which they plan to announce once the deal was finally completed (e.g. a farmin deal about to be signed for Sal de Vida).
The longer they wait to convince the market of the forward plan, the less convinced the market will be that the bonds can be rolled over or refinanced. In such a case, the share price will drift downwards.
Pull you finger out management. Thus far you might claim that you were cleaning up the mess of your predecessors (and with some justification). But, now, you need to justify your exorbitant wages (for a struggling explorer).
