I agree, I think what the bot hopes for is to take out all the stop losses.
So they trade small volumes lower, till a stop loss is hit and then they snap it up.
I think the bots try to fool the mkt into thinking the SP is going down, hoping that they can get more sellers so they can aquire more holdings cheaper.
But inevitably all the sellers run out and thats when you have the TWANNNG effect which we've seen twice nicely on this stock.
I think CR will be post reserves - as the SP should increase as TXN will be worth more with some positive news from EFS#2. That would be the ideal time to raise $$$, by minimising dilution yet offering shareholders the chance to aquire more shares at a discount.
Add some CR $'s to the net positive receipts from sales (expected to double over the next period) and we have a company that can choose to aquire what it wants; explore as fast as it wants; or continue to produce from the EFS as fast as it wants - all implying GROWTH.
The rest should be history.
All IMHO, DYOR
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