Unfortunately its the distributor's who are hard at work.
Volume is pathetic, rather dangerous.
Price can be deceiving, volume is very hard to be manipulated.
Anyone holding a few million units will find it extremely hard to get out, without weighing on the price.
It has taken many many years to learn about this accumulation & distribution. (Still learning)
And also have paid a very high tuition fees. The aim is to not pay that fee again.
I am waiting patiently. No rush to get in at these prices.
I am thankful they let me get out at good prices.
Currently I am only holding a small package.
Last thing I want is to be trapped with a large position.
You call that a support .....hardly any buyers at 0.335.
Let someone put a half million order at .335....that would be nice to see.
The big support might only come at 28-30c.
Andy Well is chewing up profits.....it is a liability. (4 million Care & maintenance cost)
I say sell it for 4-5 million dollars if any entity is willing to take that risk & trouble.
Until then its a black hole.
But the big question is if its not good for DRM.....its not good for anybody.
Little chance of offloading it at this gold price.
I'll say it again.......volume is very low. Not good.
