It does not surprise me that some holders sell pending assays as sometimes assays disappoint.
In such a case though, having an each way bet might suit, ie sell half and keep half.
Regarding yesterday afternoon, there was a one million shares holder who took out a small bid at either 3.7 or 3.8 (maybe the former?) leaving about 975k left. That remaining offer was wiped in one bid quite quickly.
SPQ chart, page-2476
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