It's people derisking, which is fair. Over the past few weeks I have been slowly derisking by selling shares in companies that don't have tier 1 assets or that I perceive to be high risk. And I've been buying more shares in companies with solid fundamentals, and that includes MYL. If you think it's cheap now and it keeps dropping with market sentiment, then you should be more than happy to scoop up more shares at a lower price.
MYL Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held