I highly doubt today it was retail doing the majority of buying...

I highly doubt today it was retail doing the majority of buying and selling. Simply because even though 5 million shares were traded..SP only went to 10c. If it was a major dump...a big seller would simply fail to find the volume to sustain a sell off this magnitude at 10c. We should have Retraced to 9c then atleast. There is simply not enough volume for MEM to sustain 5 million shares being traded at any price level...it’s either we go really high or we go really low....depending on buying or selling pressure....so it’s quite surprising 5 million shares were traded at 10c...that too last week of Feb..just about now the KOLs would be wrapping up....looks like someone knows whether we are going to achieve commercialisation or not...and I believe that announcement is coming in March...now the million dollar question is what is happening....I haven’t bought into the dip just yet because keeping a close eye on the coming announcement...if it’s positive I will buy more at a premium even if that means buying at 20c. MEM has got a lot of growth in it... we have all seen what happened with BD1 overnight...anything that will revolutionise an entire industry can rerate overnight...but if MEM has failed this quarter yet again... things will get ugly and we could be heading back to 5c...so let’s see whether we are 5c or 50c next quarter.