Long termers cashing out imo thats where all the volume is coming from and is being distributed to traders who buy, get stuck and having to sell at a loss hence the supression of the share price
Long termers are still up 3bags at these prices- the rest of the short term traders are almost all in losing positions its a matter of cutting loss and moving on or averaging down
Imo 1.3-1.5c would be a safer entry im only looking at this from a trading perspective and not long term
E2E Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held