why has this been belted so hard?, page-2

It would appear that Wavenet have been happy to offload at any price and others have noted this and joined the shorting selling party to the recoup the shares at a lower price when Wavenet has pushed the price lower with their relentless offloading.

At some point in time one would thing the value equation would come into play but with Wavenet still sitting on more than 15mil shares they wish to offload that is a massive overhang that is going to be there for a long time yet to come unless a home can be found for them via a large parcel transaction.