I want to think that this is a simple matter. They issued 125 million shares to pay people with on 5 Jan and there have only been around 100 mill sold since then. I reckon the last lot that went through today was the last of them as people missed out selling them earlier and got sick of waiting.
BUT, the next few trading days could tell a different story.
This is exactly what happens when the market is not kept up to date with vital factors.
This is probably an unexpected buying opportunity at the .003 level if more come on the market.
Can anyone tell us another reason, what could be going wrong that someone knows about?
Can see them.
LNY Price at posting:
0.3¢ Sentiment: None Disclosure: Held