Level 2 Data - Aug 20, 2024 12.58pm[Level 2 data below]
Just as I suspected. CIBC (broker 079) has bids for 72,000 shares between $0.39 and $0.40. CIBC ALSO has the 500,000 share wall on the ask at $0.45. The same person is trying to scare people into selling their shares for cheap so they can buy them.
Lots of bid strength right now. Positive sign.