any theories on todays sp drop, page-3

Colonnade,

Thanks for your reply. Your comments were appropriate to yesterday ... low volumes, algae.

Today's downward movement appear to be a bit more serious though ...

Last 10 Trades
Time Price Quantity
01:27:50 PM 0.130 5,763
01:27:50 PM 0.130 5,000
01:27:50 PM 0.130 100,000
01:27:50 PM 0.130 4,000
01:27:50 PM 0.130 10,000
01:27:50 PM 0.130 40,000
01:27:50 PM 0.135 29,600

i.e. 'doof' (!). Someone dumped some stock.

Also, the 'Buyers' part of the market depth is getting very thin, with 'Sellers' building up:-

Buyers
Number Quantity Price
3 84500 0.125
2 150000 0.110

Sellers
Price Quantity Number
0.130 5637 1
0.140 136969 2
0.145 71831 3
0.150 56240 3
0.155 146500 3
0.160 23000 2
0.165 33008 1
0.170 57631 2
0.180 58824 1
0.190 22500 1

These are lower prices than we've had for a while.

An accumulation opportunity no doubt.

Cheers.