It's just not clear to me what is wrong here other than simple...

It's just not clear to me what is wrong here other than simple lack of demand. Maybe Wilson's sell down in July/August left a bit of a vacuum.

There's ~120m shares issued. 45m have turned over in the last 12 months. 8.7m traded in July and 3.5m were traded in August leading up to the 2.7 released from escrow on 31/8/18. This includes 1.5m sold by Wilsons.

In Sept only 1.47m shares were traded so I am not sensing volume fleeing after lifting of the escrow provisions.

Also there are 162k buyers within 5c of the market price and 147k sellers so if you want to get out for any reason you are going to take a hit.

Seems very good value to me given the contracts and revenue picked up in the last year but the chart doesn't lie, currently it's a dog.

Anyone going to the AGM tomorrow?