Beginning to look like those VALOB's I bought a month or so ago were a tremendous mistake. What a great shame, as it felt as though there was some positive momentum at the time.
It could be that a larger holder is attempting to drive the head SP down to accumulate more shares, but to offer ~42M shares on the next pip on the ask is a ballsy move. Someone could take that out very quickly.
As I write this, the 42M has disappeared from the depth. Let's see if they get dumped into the bids at 0.009. This would be a sign that a larger holder is looking to exit their position quickly.
VAL Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
