FactsLT, you will never get any explanation whatsoever, because you don't know all the factors. Only CZX management knows who is buying and selling.
What's for sure is no institutional nor insider is selling. The SP is dropping fast because there is NO volume, and sellers are ready to sell at market price. 1 cent down for a 30K order this morning, even a retail investor can get a SP move on such volumes, impressive huh?
Who are the sellers? Retail investors. Why do they sell? Who cares, I can give you 10 different valid reasons of selling at least. Why is there no buyers? Because we're on a negative trend and I guess most people are waiting for a reversal.
In a word, people are buying and selling for many reasons, this is NOT what matters here.
If you want to see what happens when institutional investor are in, look at Nov 21st 2016, daily volume of 2.43 Milllions. They bought all the way up to 46 cents less than 6 months ago, do you think they are selling? Nope. +10 cents on one single day, believe me you'll notice if they ever start selling.
It took 3 months to go from 42 cents down to 28 cents this morning, on LOW volume. Once the sentiment has changed about this one, SP will adjust quickly. If you beleive in the fundamentals, and everything happening lately (PP, insider trading, etc.) then you just have to be patient, that's how it works. Let's see where is the SP at in 3 months.