Short selling, lack of confidence in this sector, Director...

Short selling, lack of confidence in this sector, Director selling and the like have battered this share price from a ramped up top at around 21c.

I bought in at 17c, then 15c, then 12c, then 10c and today at 8c, in an attempt to average down the cost of my holding.

Now have well over half a million shares but where is the bottom please and timing for a rise in price?

I have a lot of confidence in GLX, but I am but a mere raft in a sea of cynical sharks who seem intent on selling down this and other coal shares.