A buyer places a trade for 10M shares at 0.8c, which was front of the queue. It was then moved to 0.9c when the sell side was taken out at that level.
$80K is not small change, so I figure they must know something, particularly with markets the way they are ATM. No at market order, so maybe not extreme urgency. This suggests maybe news isn't exceptionally close?
They have then sat patiently and been slowly sold into the last few days, leaving 3M+ still on the buy side at 0.9c.
I was away from my PC, but it appears that another 10M has been placed at 1c at 3.56pm, taking out 4M+ of sells, and then being sold into for the remaining 6M in the snap.
Thats another $100K from the one buyer.
The question one has to ask is who risks that amount of coin in this environment?
I am guessing they have to be pretty close to being in the know, and have a fair degree of confidence in the deal being brokered behind closed doors.
Some good connections behind this one, and something is definitely brewing.
FUT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held