There's still a few ST traders (bought above 6c) who were caught in that big spike a while back. The 250,000 seller obviously can't wait, sees opportunities elsewhere.
Lack of ST'ers buying as they realise not the volume here now for trading any more.
Hopefully now investors will gradually continue to enter for the medium term potential. With production before the end of the year, we only await a few customers for high quality spherical graphite, to set the SP on it's way.
Perhaps the mention in the quarterly of potential for batteries indicates who they are talking to.
MRF Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held