Looks to me like the big end of town has arrived. Big hitters with sticky fingers taking over from temporary visitors who need some cash out.
Those sophisticates who came in at 4c recently seem to be holding tight. Note that a lot of the $1million was from Europe and Asia - perhaps allied to potential users or maybe even JV partners interested in manufacturing high quality grapheme.
Remember production is only a few short months away, and that brings cash flow from very low cost operation. Lots of news just around the corner.
As always, DYOR
MRF Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held