I also believe the selling is due to market expectations that...

I also believe the selling is due to market expectations that haven't eventuated yet and tax loss selling. The business and its prospects haven't changed, but management need to learn to under promise and over deliver. After all its about gaining trust from shareholders and the higher the share price the less dilutive it will be, when they do need to raise to fund screens. I assume an announcement overseas will get investors excited again buy it is a pity it didn't happen when the share price was in the high 20's.