the other reason I would add is tax loss selling and big players driving it down to these levels knowing that to have the retail herds unload prior to 30 June to claim their taz losses while they scoop up.
Other reason is possible cap raising as sure we don't know if been a hiccup.....but holding up so far around 2 cent level...so we shall see...
NMS Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held