Not all of the current holders are long term investors.There are many traders sitting on 100% or more profit with SPP entilemeent. As price will not go higher until SPP is finished, these traders wouldn't with tbeit money rather the will go for next opportunity by selling it at .024 or even lower and participate on SPP.
Another thing to consider is broker data. One of the brokers sitting on 150% profit keep selling and not finished yet. They still have more than 15 million with them.
IMHO CZL can go below .024c until SPP settled.
Not an advice.
Not all of the current holders are long term investors.There are...
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