If you check the market depth and trades it appears someone is deliberately keeping the price under 2c. This is completely normal practise for those trying to accumulate in a certain range. Shows there is confidence they expect the SP to rise significantly once they stop capping it in their accumulation range plus they have a significant number of shares to push the price up when needed.
This is a great sign and as long as the volume stays high or at a constant we spoils see the SP rerate in the coming weeks.
Frustrating for those who want an increase in SP right now but great for those accumulating at the current prices.
GMC Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held