re distressed selling has to be speeding tick, page-3

I think there is a distressed seller.

I doubt this is on speculation it will need further capital for capex.

Trouble is - I dont know how many shares are coming on the market. Huge number so far - over 7% of issue in the last month.
Obviously someone wants out at any price, and in that scenario, they will sell as many as they can at market, and when the buying stops, will siply take the SP down another 5% (or 10% and then take the pressure off 0 to get 'rebound buyers').

Unless there are some surprises in store, it should bounce - but only when the dump is over.
Trouble is ... as higher volumes are dumped into lower prices, it becomes harder for the SP to recover in the short term due to trader churn, so you may need a little patience?