many here should knew 0.4c right issue last year and there had been huge turnover since those 0.4c into market and Patterson, No doubt, account for big percentages of those selling....
from the huge turnover and several brokers datas, we could get a idea that Patterson had almost sold out their cheap 0.4c shares with just 0.5c as selling price....and most typically Patterson Not buying ANY shares so who the hell buying 0.5/0.6/0.7c?
the average turnover for DDD should be above 0.5c so whoever wanna took positions had to buy in to 0.5c so and not many, at least me, would happy to hold my shares rather than selling to 0.5c coz DDD has big FA for me to get nice return when it traded above 1c..
so that could be why a single line wiped 0.5c to take position IMO...
0.5c should be soon act as Support, not resistance and 0.6c should be got eaten with time pass by....
only $2.2m MC with 2 quality projects and not much cheap overhang, look at RMX and rest small tiny MC multipile, DDD is one of my big holding waiting to fly....