I think that the price has been deliberately kept down for the last few days and at the end of day you will find more buys than sells. What is the agenda behind scene?
Holding Rns out, that explained why the price has kept dropping in the last a few days to enable the big institution to buy more shares at cheap. The only way is up now.
People are losing patience and selling, it appears this become a long term hold and the reward will be huge. Hopefully the company will provide regular update to support the share price.
This company's majority shareholders are institutions with around 60% holding and two members of BOD have 15% in total. I can only see PIS are selling at a loss. BGO has potential with medium risk, but worth a put in my opinion.
Don't think so, it seems to me that they want lower price so that the company can buy back more and reduces the number of shares as much as they can up to 20s.