if they are a genuine seller the plan clearly is to seek the lowest possible selling price for their holding ...
since that scenario makes no sense I suspect the seller is purposefully manipulating the sp in order to achieve a dramatically lower volume weighted average price which will be presented as a buyout offer to the desperate major holders who are trapped with no way out.
with just a few thousand dollars they have today removed 12m from the company's market cap !!! like candy from a baby
IVA Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held