Hard to say where this will end as it falls through time and price support on relatively low volume. It doesn't look sinister to me, just being sold down in tough times after failing to deliver for many years. If it was about to start filling the coffers with $ it wouldn't be at this price on low volume. Raising cash in this climate, to overcome shortfalls, could be the kiss of death? Cheap now but the lack of support shows the fear of taking a punt with hard earned cash in uncertain times.
In TA terms it's untouchable until it shows support by the book.
CMR Price at posting:
45.0¢ Sentiment: None Disclosure: Not Held