Hyperdynamics Corp (HDYNQ)

[Rule_62]

Orders to sell into the bid price don't show on L2 because they are filled instantly. There isn't any nefarious motive behind it. Selling into the bid is generally a strong indication that people are exiting. Just as people buying into the ask indicates people are coming on board.

There's been a lot of traders in this stock since the Fatala news broke, playing any bounces. I highly suspect most are now exiting any position they may have still held.