Yes, this is not normal. I was expecting at least a few days of price rise after the oversubscribed CR at 2.3 cents. Generally, it happens in speculative stocks so that those who have contributed to the CR could get out with a decent profit. It did not happen here. Holders of 90 million shares at 2.3 cents did not have a chance to get out. Does not look like it is going happen before the trading halt. In my view, this could be good or even great news. The broker or sophisticated holders are not keen to get out before the drill results are out. We will find out soon.
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