There are many reasons:
Some are taking profits having bought them at below 10c.
Some are cutting losses having bought them years ago for more than 50c.
Some are taking stop losses, after the pull back from 23.5c.
Some are selling to pay for their flood or cyclones damaged homes.
Some are selling because the SP is down.
For every seller there is a buyer. The right question to ask is, "Why are people still buying?"
