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These series of sells are just shorts/ stop limits etc being triggered off by computers. We need these sells for liquidity otherwise there is no market for the mm's to play with.
Lets say you buy at 138p, and to protect your investment place a limit to drop 135p. The markets will just take this out if there are no shares available. Hence why the erratic up/down we have been seeing.
Either way this company will be over £2 very soon.

US market opens shortly see this rise close to £2

I do think a buy out of the Patent is diffidently going to happen here. So much progress has been achieved to get to this stage.
The question is how much is this worth ? We know R & D cost many £10's M's and years of companies time and effort.
£25-£50M ? would still be very cheap considering the scale and sole patent of this product.

Some info for the markets to wake up too.
Once the filed licence gets the approval, production will commence. This product is massive, can't see M/C at this level for much longer. Only 81.56M shares in issue. Even at 30p that's only a M/C of @ £24M. Plenty cash in the bank too.
Letter from the CEO:

With the successful conclusion of last year's acquisition of IVIX LLC ("IVIX") and the re-admission of the enlarged group on Euronext Dublin and the London Stock Exchange, the foundation was put in place for establishing Ovoca as a recognized developer of novel therapeutics for women's health, especially in the area of sexual dysfunction. Our colleagues at IVIX continue to build out our successful BP101 program, which you will have seen in March 2019 comfortably exceeded the efficacy and safety hurdles in its Phase 3 trial in Russia. As a result, we are now preparing to file for the drug's marketing approval in its first country, the Russian Federation, and actively pursuing discussions with potential licensing partners to commercialize there.

Boris Reznik, chairman of Biorasi added: "We are very excited to begin this project with Ovoca/IVIX. Their BP-101 drug candidate has shown promising performance in clinical trials so far, and we believe there is high potential in bringing it over to the EU and US markets."

With just one more or two contracts to be announced as stated in their Podcast a M/C of £10M would be the minimum rise.
Thats an instant SP of 1p for starters.
Really exciting times ahead

Listen to the June 17th Podcast

1.QS.. Stated the first confirmed £1M contract is the starting point and its much higher than expected
2. QS.. Stated a couple of really big contracts in addition be announced shortly
All Happening

https://youtu.be/THiPbwJvx1Q

Just need to listen to the May 2019 podcast.... There are some key points when the Name change gets completed which it has.
1. DS... stated more contracts in the pipeline in a couple of months ( Its now July ! new contracts to be announced imminently )
2.JQ... Stated companies have been asking them to finalise & complete contracts that have already been written ( More contracts )
3.DS... The really big contracts will be in Q3 as they been in negotiations since Jan ( which is this period )
4.These Guys turn £200 to £17M
5. They stated a £1M contract will be done by the end of that month ( This was confirmed )
So with 4 & 5 are facts , you can trust these guys to deliver 1,2 & 3.

https://www.proactiveinvestors.co.uk/companies/stocktube/13382/widecells-group-hopeful-of-signing-its-first-contract-within-weeks-13382.html

What we have now is a new direction forward with in essence a shell company bought by the new owners, All issues that as arisen with the old stem cell company and its debts has been dealt with within WDC placing / funding. This was cleverly done with the huge discounted 0.3p placing from 1p share at that time.
This revenue was and has been and still been sorting all issues before this name change.
Now with existing previous shareholders that have no interest in the new company have been selling all their shares hence why we have seen such constant selling over the last 2-3 weeks. This is over now ( maybe a few more left ) but with a fresh clean start on Monday 15th July 2019 and with the £1M contract in place to kick in, We will see the start of a recovering SP. This £1M contract alone match its current M/C.
Over the last 4-6weeks we know the new directors have been in the USA promoting and negotiating their services to their clients. There was no legal statement that prevented our new guys that sold their old company not approaching their old clients to start expanding ICON portfolio of clients.
ICON have a new product that is so advanced of all its competitors that once we receive news of this which they will announced when the new name change is done. We will really see the SP move north.
I am expecting news imminently with further signed multiples of £1M contracts , and news of what ICONIC LABS new inventive platform is all about.
These guys have had this idea which they have kept secret until they are ready to release to the markets.
Meanwhile this new idea has been presented to new clients and we await confirmation.
This is going to be a very exciting year with so much progress being announced and expecting the SP to move quickly first to 0.5p then closer to 1p on news.
GLA

Iconic Labs (LSE:ICON)
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Delayed Price 15:43 BST

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Most of the selling over the last few weeks are the holders of the old WDC ( stem cells investors ) Knowingly the name change
happening they are no longer interested to the new companies direction ( ICONIC LABS ) If they had shares at 0.25p they are still making a profit.
All we are seeing is the final sell off. Hence why the delay in the company name change.
Once all these have gone, The New company can start releasing its contracts and update of progress.
Don't forget the boys were negotiating further new contracts last month and stated that nothing more will be released until the New Name change.

Wild Card.. I think the bid was actually 0.27 offer 0.28
even thou the computers some time can not decide wether buys/sells in the value. Earlier on my screen it clearly
shows 0.27 bid offer 0.29p ... hence why most or all 0.28 was seen as sells.

Try buying any large amounts now, Can't buy but they will take 10M plus off me.
There are still a few very large orders to be filled so please sell your shares

FYI
12/07/2019 16/07/2019 B427064532 Widecells Group plc Ord GBP0.0025
750000 @ .28 .28 750,000

Wild Card..they are all buys. Am sitting next to someone here who is mopping all these up thanks to the sellers last few days.

seems your short been triggered.

Do your research ! simple

just pick up a few more 0.288 is my buy show as a sell
There have been 1.5M buy 0.29 shows as sell too.
Investors getting spooked and selling, This new company will have new contracts announced and further updates expecting on Monday.
My gut feeling this will open at 0.4p on Monday with name change.

Look at the M/C of Just Eat over £4.1BN

There's not many Aim companies that are fully funded for the next 2 years. BigDish can maintain a low number of shares without any dilution during this period. Last placing was 7.2p. The next placing in 2 years times ( if they need it ) will be over excess of £1

SP Back to 7.2p placing price