I can only speculate it is some of the brokers such as Regal,...

I can only speculate it is some of the brokers such as Regal, that have larger holdings selling through and moving on?? If you look at Regal's buys and sells.over the past couple of months, they have been very active here.

Volumes are not big enough to be some of the institutional investors that participated in the Cap Raise, plus they wouldn't want to be exiting at such a loss given the CR price!?

Its not as though we are overdue for an announcement or contract i don't believe? Could be some impatient retail investors?

Regardless of whether i am right or wrong, I have no concerns about Micro-X being a hold, and I personally, (opinion only,) see this price as a ridiculously undervalued strong buying opportunity.

All just my opinion...