RE:Re share priceWho's selling, my guess shareholders sitting on large positions that have given up on this play.
If you want to unload millions of shares with the low volume that is traded here daily how do you get out without tanking the SP.
If you put a market sell order for a million shares you would tank the SP.
If you put a million shares on the ask you would scare buyer's off and drive the SP down.
The only way to unload a large position the way this stock trades is to put small amounts of stock
On the ask and as it gets taken out put more up.
It will take time, but it's the only way to unload a large amount of shares without driving the SP into the ground.
Unfortunately the longer this goes on without any resolution there will probably be more shareholders deciding to throw in the towel fearing a bad outcome.