I am sure I am not the only one who has asked why the small...

I am sure I am not the only one who has asked why the small sells, which majority are cross trades.and how any movement up is pushed down.
I was told they have identified a participant who partook in the cr, with one of the 2 companies who ran the offer. And they believe that ixr will need to raise to complete the program they have planned. I am sure I am not the only one who has been told this.
Hence the hold around 10 cents raises are 30% below so whoever think they will raise will come in at 7 cents. Most of the trades today are buying and selling to the same WA broker same as a lot of the shares at 10 cents.
I was told no way would they raise. While there is 400 mil share 270 are on asx and top 20 hold are a fair chunk. Look it is pretty crappy that this sort of stuff happens. But hopefully results and further exploration will blow them away.

For me though if I was the company I would be on the front foot communicating what is happening.
We know results are due but an update wouldn't hurt.
Nor would an update on what azure thinks, and a bit of an out line that show how ixr should react to maximize what it has.

I think the saddest thing about this sort of stuff is anyone who feel like the should sell it goes straight to the person playing with the price.