I have noticed over the last few days that before openning there...

I have noticed over the last few days that before openning there has always been 4 sellers selling a total of 83,332 shares at 1 cent below the previous closing price.

This shows some share price manipulation is occurring.

Despite this, the volumes are low. and I assume someone is attempting to push the price down so they can buy up big and profit from an increase in price.

Whilst I agree with other posters about the lack of long term company growth prospects,the company has an inreasing cash reserve, no debt, an approved debt facility and a book price of 35 cents,

I would like to hear other peoples views on the down side risk of owning this stock.

To me this is a low risk stock to own and sit on at its current price.
Happy to be convinced otherwise.