I can't work out whether the price is being manipulated down...

I can't work out whether the price is being manipulated down (conspiracy theory), or if a large holder is gradually exiting. No substantial shareholder notice though.

Sellers retreat until buyers return and then they sell into any perceived strength, no matter how weak.

AGM on Friday may help s.p. but I wouldn't be surprised one day if a big fish jumps in with a takeover offer. Looks good value with a market cap. of only $70 mill.

Turnover lately has been very thin and there are not too many shares left in 'weak' hands.

Any opinions out there ....... or am I delusional !?!