With the upcoming August 26th press conference which may be about the DevCo, one wonders if the upcoming news is related to the current SP of KWG.

I can only forsee two options:

95% - the news next week will not be favorable for KWG, hence the dive to 4.5 cents.

5% - the news will be favorable, and someone is pushing down the SP to prepare for a takeover bid at a "premium" price.

Actually, I'd give the odds of the former to be more like 99%, come to think of it.

A buying opportunity for the devout, I guess.